South Australia continues to top the nation for its strong jobs rebound since the depths of the COVID-19 pandemic, according to latest key ABS data.
And SA continues to outperform every other state and territory, except Western Australia, for the total value of employee wages paid since the COVID low point (April 18, 2020) – rising 10 per cent, compared to 8.2 per cent nationally.
Total employee jobs in SA increased by a nation-leading 11.7 per cent in the eleven months since April 18 – above the national average of 9.6 per cent, according to the ABS Labour Force: Single Touch Payroll data.
Treasurer Rob Lucas welcomed the figures as another positive sign of a rebounding local economy, as the Marshall Government continues to support thousands of local businesses with significant payroll tax relief following the conclusion of the Commonwealth JobKeeper scheme.
“South Australia continues to punch well above its weight in relation to our strong ongoing economic and jobs recovery from COVID-19, with key indicators such as new home sales, housing finance, retail spending and business and consumer confidence all recording a significant uplift,” said Mr Lucas.
“But we know there’s much more work to be done, which is why we are investing a record $4 billion in economic stimulus – the second largest stimulus package in the nation^ – to turbo-charge the state’s economic and jobs recovery over the next 2 years.
“Although the Commonwealth’s JobKeeper scheme has ended, the Marshall Government continues to support local businesses with significant payroll tax relief for the next three months. Our support includes a 15-month waiver of payroll tax up until July this year for all businesses with grouped annual wages under $4 million.
“Businesses with grouped annual wages over $4 million who were eligible for the extended Commonwealth JobKeeper payment from 4 January 2021 will receive a six-month waiver up until July this year, providing further financial support for them.”
^According to the federal Parliamentary Budget Office (stimulus package as a percentage of GSP)