‘Intolerable, unfair’ system as 22,300 property ownerships shoulder the land tax burden

Detailed analysis conducted by Treasury has now revealed that 22,300 property ownerships comprising individuals, companies and trusts in South Australia own multiple properties and are already paying land tax on aggregated land values. Put simply, this means that many South Australians have continued to invest in property even though they might be paying land tax…

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Big savings for ‘mum and dad’ investors as vast majority – or 92% – to pay less land tax, as top rate slashed to 2.4%

The Marshall Liberal Government has tonight announced details of its bold land tax reform package – including an immediate slashing of SA’s top marginal tax rate from the highest in the nation at 3.7% to just 2.4% (which is the average of all mainland states) – which will benefit tens of thousands of South Australians…

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Government seeks to enter conciliation in SA Employment Tribunal to resolve teachers’ pay dispute

The State Government will this morning file an application in the SA Employment Tribunal (SAET) requesting conciliation before the Tribunal to finally resolve the protracted teachers’ Enterprise Bargaining negotiations. Treasurer Rob Lucas said, despite negotiations being held in good faith for more than 15 months, union bosses from the Australian Education Union had shown no…

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Global ratings agencies affirm SA’s stamp of approval

Independent global ratings agencies, Moody’s and Fitch, have re-affirmed their confidence in South Australia’s economy, applauding the Marshall Liberal Government’s ‘prudent fiscal discipline’ amid growing business confidence and burgeoning defence, space and tourism sectors. In its latest credit update, Moody’s – which has maintained the state’s Aa1 stable rating (the second-highest in the nation) –…

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NAPLAN results show upward shift for SA

South Australian schools are showing encouraging signs of improvement following the release of the 2019 NAPLAN results today. This year’s results have seen Year 3 mean score results up in every test domain, as well as nation-leading growth in writing scores for South Australia. The state’s results have also improved against the Australian average in 15 of the 20 measures…

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South Australia’s economic growth best in the nation, latest ANZ survey

The State Government has welcomed the latest in a string of positive independent surveys confirming South Australia’s standout strong economic growth, with the latest ANZ Stateometer revealing SA’s economy is the best performing in the country. The survey, released last night, shows SA was the only state or territory to record “above trend and accelerating growth’’ in the June quarter.…

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Government reaches commercial settlement with nRAH operator and subcontractor over Labor’s long-running disputes

The State Government has reached an in-principle commercial settlement with the operators of the new Royal Adelaide Hospital, finalising a litany of long-running historical disputes – including duress alarm system and building faults – inherited from the former Labor government and which have plagued the hospital since well before it officially opened in September 2017.…

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Roll up, roll up: Drakes Foodland at Wayville granted another Ministerial exemption to trade longer during Royal Show

A vocal critic of the Marshall Liberal Government’s push to reform shop trading laws has again applied for – and been granted – a Ministerial exemption to open one of its stores outside prescribed shop trading hours to capitalise on Royal Adelaide Show crowds, citing the overwhelming “success’’ of last year’s extended trade. Treasurer Rob Lucas has granted the temporary…

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Casting light onto the System Black

The Marshall Liberal Government says a report from the Australian Energy Market Commission into lessons from South Australia’s state-wide blackout confirms the need for an electricity interconnector between South Australia and New South Wales. The report notes that an interconnector will deliver improved competition, reliability, resilience, and better allow the network to survive extreme events and be restored faster. The…

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