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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Statement re ICAC report into SafeWork SA

The State Government welcomes the Independent Commissioner Against Corruption’s Evaluation of the Practices, Policies and Procedures of the Regulatory Arm of SafeWork SA, which was tabled today in State Parliament. Treasurer Rob Lucas said the Government would now thoroughly consider the report and its 39 recommendations for change. “I acknowledge Commissioner Bruce Lander’s evaluation of…

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Union bosses lose crucial support as most schools choose to stay open despite tomorrow’s strike

Union bosses from the Australian Education Union have lost considerable community and teacher support, with an overwhelming majority of government schools and preschools choosing to stay open during tomorrow’s half-day strike. Treasurer Rob Lucas said the fact nearly 80 per cent (or 692) of 875 SA public primary, secondary and preschools have reported they will…

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Any penalty to be paid by SA Police in relation to workplace death to go to improving SafeWork SA investigation processes

 Treasurer Rob Lucas said today the State Government acknowledges an intention by SA Police to enter an early guilty plea in relation to the tragic workplace death of employee Ms Debra Summers at the Echunga Training Reserve in October 2016. In September, SafeWork SA charged two government departments (SAPOL and DPTI) in relation to Ms…

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Union bosses ‘deliberately misleading’ parents over SA education funding ahead of planned teachers’ strike

Public claims made by union bosses from the Australian Education Union alleging the State Government’s additional education funding wouldn’t kick-in in the short term are ‘pure nonsense and deliberately misleading’ ahead of its planned teachers’ strike next week. Treasurer Rob Lucas said the Marshall Government was delivering a record investment in education – with State…

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Nyrstar to pay $10 million as ‘productive’ talks continue

The State Government has this afternoon concluded initial formal discussions with Nyrstar representatives, including global CEO Hilmar Rode, regarding repayment of a taxpayer- guaranteed $291.25 million loan for its Port Pirie smelter operations.  Treasurer Rob Lucas described today’s four-hour meeting as ‘productive’, with Nyrstar confirming its commitment to make a $10 million distribution payment early…

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Advisors appointed to investigate Labor’s secret deal for potential privatisation of Motor Vehicle Registry

The State Government has announced it has been forced to appoint advisors to conduct a commercial scoping study into the potential privatisation of the government-owned Motor Vehicle Registry. Investec Australia Limited and PricewaterhouseCoopers were appointed following a competitive tender process, and their advice will help inform the Government’s decision on whether or not to pursue…

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