South Australia standout economy: ANZ Stateometer

The Marshall Liberal Government has welcomed the latest ANZ Stateometer report which shows South Australia’s economy was the standout among all states and territories, experiencing above trend growth and improving economic conditions in the December quarter. “It’s encouraging to see another report showing the strong performance of the South Australian economy, with business activity both above trend and accelerating at…

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$329 million GST write-down for next year

Latest figures released by the independent Commonwealth Grants Commission (CGC) estimate a cut of $329 million next year (2019-20) in total GST funding to South Australia. The CGC has released its 2019 Relativity update which estimates that SA will get $6,946 million in GST funding next year, compared with the estimate of $7,275 million included in SA’s Mid-Year Budget Review, released…

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Supermarkets given notice to reduce their floor space to comply with existing ‘dog’s breakfast’ shop trading laws

Several supermarkets across South Australia have been given until May 20 to comply with the law and reduce their floor area to 400m2 or less if they wish to continue to operate outside prescribed shop trading hours. Treasurer Rob Lucas said SafeWork SA had written to 11 supermarkets identified as having a floor area exceeding 400m2 and, therefore, too large…

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State Government grants funding for widespread health screening of SA stone industry workers over national silicosis concerns

The Marshall Government has approved funding for the immediate health screening of workers in the engineered stone industry in South Australia, following a rise in detections of the incurable respiratory disease ‘silicosis’ interstate, particularly in Queensland. Treasurer Rob Lucas said, whilst there had been no confirmed silicosis cases from the engineered stone benchtop industry in…

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Government tells union bosses to ‘get real’ over cuts to Ministerial chauffeurs

Union bosses from the Public Service Association of SA this month have lodged a dispute with the SA Employment Tribunal protesting Government actions to cut the number of Ministerial cars and Ministerial chauffeurs.  Treasurer Rob Lucas said today that it was about time for union bosses to ‘get into the real world’ and it was, frankly, unbelievable that anyone would be delaying or…

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Federal Government’s GST write-down reduces SA’s forecast collections by $577 million

The Federal Government’s Mid-Year Economic and Fiscal Outlook (MYEFO) has reported a revised downward forecast in GST collections nationally, significantly reducing the amount of revenue to be shared between states and territories over the next four years. Treasurer Rob Lucas said, based on the MYEFO GST downgrade, Treasury’s initial analysis is that there would be…

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Auditor-General critical of Labor’s secret deal in controversial $1.6bn Lands Titles Office sell-off

The former Labor government has been strongly criticised by the Auditor-General over the secret deal it struck as part of its controversial $1.605 billion privatisation of the Lands Titles Office. In his review into the 2017 sale, released today, the Auditor-General found Labor conducted ‘no formal analysis’ into the reasonableness or risk to taxpayers of…

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2018-19 Mid-Year Budget Review confirms return to surplus as operation to stem CALHN’s budget bleeding continues

The Marshall Government’s 2018-19 State Budget is on track to deliver a return to surplus and maintain projected surpluses across each year of the forward estimates, according to the Mid-Year Budget Review (MYBR), released today. Treasurer Rob Lucas said the MYBR records a net operating surplus of $40.1 million in 2018-19 (revised down from $48.2…

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Warren Buffett’s Berkshire Hathaway expands into South Australia

The world’s fourth largest public company*, Berkshire Hathaway Inc. – led by Chairman and CEO Warren Buffett – is investing in South Australia, reaffirming the State’s business credentials under the reformist Marshall Liberal Government. Treasurer Rob Lucas said Berkshire Hathaway would establish operations in Adelaide as its Reinsurance Division takes over management of the Motor…

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