Another big GST budget blow

The final report of the independent Commonwealth Grants Commission, released yesterday, will result in a massive GST cut to South Australia of about $2 billion over 4 years compared with GST estimates included in last year’s State Budget. This report would mean a $166m cut to GST this year, and a massive $689m cut next year. Treasurer Rob…

Shop trading exemption granted in Millicent for Easter Saturday and Geltwood Festival Market Day to cater for influx of tourists

Millicent retailers will be able to trade on Easter Saturday and Geltwood Festival Market Day to capitalise on an influx of visitors and tourists to the region after the State Government once again granted a special exemption under existing shop trading laws. Treasurer Rob Lucas granted the exemption to the Millicent Proclaimed Shopping District under…

New fund manager appointed for SA Venture Capital Fund

The Marshall Liberal Government has announced Artesian Venture Partners has been appointed as the new venture capital fund manager to oversee investments of the $50 million SA Venture Capital Fund (SAVCF). The appointment of Artesian Venture Partners was recommended by the independent SAVCF Management Committee, chaired by respected businessman Raymond Spencer. This committee considered an…

Motorists save millions on CTP insurance, driving down cost of car rego

South Australian motorists are driving a hard bargain when it comes to renewing their car registration, saving more than $80 million collectively on their CTP insurance premiums in the past 8 months since the market opened to full competition. Since July, when South Australians have been able to choose their own CTP insurer (either AAMI, Allianz, QBE or SGIC) who…

Coles next in line for extended trading hours during Superloop

Coles Rundle Place has become the second supermarket in Rundle Mall to be granted a special State Government exemption to trade extended hours during the Superloop Adelaide 500 weekend, so they can cater for an influx of interstate and international tourists as well as tens of thousands of local motorsport and Adelaide Fringe festival fans. Coles Group wrote to Treasurer Rob…

Woolworths Rundle Mall granted special shop trading exemption to cater for influx of Superloop Adelaide 500 fans

Interstate and international tourists, as well as tens of thousands of local motorsport and Adelaide Fringe festival fans, will be able to pick up additional snacks, drinks and other grocery supplies on their way through the city, with the State Government granting a special exemption to Woolworths Rundle Mall to trade later – until 7pm – next Saturday and Sunday…