A series of independent economic reports released this week show South Australia’s economy is performing relatively well compared with other states from the COVID-19 low of April, with positive jobs growth and strong housing indicators, including rising house prices and stable rents. In fact, Adelaide was one of only three cities where house prices rose…
DetailsSouth Australia is withstanding the economic shock of COVID-19 better than almost every other state or territory, buoyed by our ‘mature and stable’ housing market – including a recent surge in multi-unit construction, strong renovations activity, retail trade and wages growth – Australia’s leading housing industry body has found. In its quarterly State Outlook (Winter…
DetailsFOI Relating to: T&F20/0142 ‘Copies of all invoices and receipts of charges against the Office Manager’s credit card in the Office of the Treasurer From 15 March 2014 and 16 March 2018’ T&F20/0141 ‘Copies of all statements of the Office Manager’s credit card in the Office of the Treasurer From 15 March 2014 to 16…
DetailsLabor leader Peter Malinauskas must immediately sack his frontbench colleague, Tom Koutsantonis – ironically the Opposition’s spokesman for Government accountability – who has been caught out concealing thousands of dollars of taxpayer spending on boozy lunches, dinners and fine wine during his time as state Treasurer. In recent weeks, Mr Malinauskas has said repeatedly that…
DetailsFormer Treasurer Tom Koutsantonis has serious questions to answer about thousands of taxpayer dollars spent on alcohol, lunches and dinners which were deliberately hidden from public disclosure. Documents released under Freedom of Information show that, despite rules requiring public disclosure, Mr Koutsantonis hid spending on a series of boozy lunches and dinners, such as $856…
DetailsA land tax relief scheme which supports landlords provide significant rent reductions for their residential and commercial SME tenants impacted by COVID-19 restrictions will be extended by two months, to the end of September. Under the State Government scheme, eligible* landlords can receive up to a 25% reduction on their 2019-20 land tax liability on…
DetailsIndependent global ratings agency, Moody’s, has reaffirmed its confidence in South Australia’s economy, recognising our ‘resilient and diverse’ economy as critical in helping cushion the blow of COVID-19. In its latest credit update, Moody’s – which has maintained the state’s Aa1 stable rating – acknowledged there would be some budget impact as a result of…
DetailsThe Marshall Liberal Government has welcomed the Federal Government’s commitment to extend the JobKeeper wage subsidy for eligible businesses and not-for-profits by six months, which is expected to support tens of thousands of local jobs and South Australian businesses. Prime Minister Scott Morrison today announced the JobKeeper payment will run until March 28 next year…
DetailsSouth Australians wanting to build or buy a new home or undertake a significant renovation are now able to apply for the Federal Government’s $25,000 HomeBuilder grant, with applications officially open on the Revenue SA website. So far, there have been more than 8,700 local expressions of interest in the scheme (via the Revenue SA…
DetailsSuburban Adelaide shops and supermarkets will be required to revert to their pre-COVID-19 hours of operation from this Sunday, with the State Government announcing it will not be granting a further 30-day exemption to support physical distancing. The Government has always acted on the expert advice of SA Health public health officials, who for the…
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