The State Government has welcomed the move by private insurer, QBE, to reduce its CTP insurance premiums offered to private passenger vehicles and all goods carrying light vehicles, such as utes, to the lowest rate possible under full-competition. QBE’s new CTP rate of $296.77 for a private passenger vehicle in metropolitan Adelaide and the Hills (premium class 1) – to come…
DetailsInvestors are returning to South Australia with enormous confidence, with latest ABS figures showing a 37% rise in private new capital expenditure in the past year under the reformist Marshall Liberal Government. The 37% jump in real private new capital expenditure in the March 2019 quarter, compared with the March 2018 quarter, is largely off…
DetailsPremier Steven Marshall and Treasurer Rob Lucas have this afternoon met with the global Chairman and CEO of Nyrstar’s largest shareholder, Trafigura, and other senior executives who confirmed payment of $43 million from Nyrstar Port Pirie towards the $291.25 million taxpayer-guaranteed loan for the smelter operations. Trafigura head, Mr Jeremy Weir, had made a special trip to…
DetailsThe Marshall Government is delivering on its commitment to slash ESL bills for South Australians by putting $90 million a year back into the pockets of families, with an average household set to save more than 50 per cent or $163 in 2019-20 compared with the policy under the former Labor government. Treasurer Rob Lucas…
DetailsThe State Government has announced a new schedule of fees, fines and charges for 2019-20 – with most increasing by 5 per cent, but with notable exceptions including for reckless hoons, leadfoot company car drivers and motorists on their mobile phones, who will cop very significant hikes in their fines. However, the Government has quarantined…
DetailsSouth Australian motorists will save up to $114 a year on their CTP Insurance premiums when the market opens to full competition on July 1, driving down the overall cost of renewing a motor vehicle’s registration. For a typical Adelaide household with 1.8 vehicles*, this represents a potential saving of more than $205 per household.…
DetailsSeveral large supermarkets found in breach of the Shop Trading Hours Act 1977 have erected permanent walls inside their stores, or reconfigured display cases, fridges and freezers, to reduce their floor space to comply with the law. In total, 11 supermarkets across South Australia had been given a deadline of yesterday to reduce their floor area…
DetailsThe Hon Paul Fletcher MP The Hon Rob Lucas MLC Minister for Families and Social Services Treasurer The Liberal National Government today announced a commitment of up to $5 million for a social impact investment initiative to support young people in South Australia leaving out of-home care. Federal Minister for Families and Social…
DetailsAustralians face falling property prices, higher rents, potential job losses and reduced state revenue under Federal Labor’s ‘destructive’ economic agenda, with three State Treasurers joining forces to demand Bill Shorten reveal the true impact of his election policies on their states. In a joint letter to Mr Shorten today, SA Treasurer Rob Lucas, New South Wales Treasurer Dominic Perrottet…
DetailsSouth Australia has defied the national trend and soared to its highest level of small and medium business confidence on record, with SMEs backing the Marshall Government’s positive economic reforms – including the abolition of payroll tax for all small businesses. The landmark results – revealed in the March Quarter 2019 Sensis Business Index – show SA small and…
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