Former Labor government ignored Treasury opposition and shelled out $29m in Future Jobs Funds grants and loans to businesses

The former Labor government flagrantly ignored the expert advice of its own treasury officials and shelled out $5.48 million in taxpayer-funded jobs grants and another $23.6 million in loans to businesses, some of which had been evaluated as ‘high risk’. Treasurer Rob Lucas said as many as 7 companies that either failed grant criteria or…

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Vow to ensure all states GST winners

Australia's eight state and territory Treasurers today resolved to work together to ensure they would be no worse off under the Federal Government's proposed changes to the GST. The Board of Treasurers (the Board) met for a third time in Sydney today, where they agreed clarity was essential on how the proposed changes would impact…

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State Government to push ahead with establishing SA Productivity Commission

The State Government will keep one of its key election commitments to establish an SA Productivity Commission through administrative arrangements rather than through legislation through the Parliament. The decision has been made following ‘unreasonable, unworkable and untenable’ amendments to the SA Productivity Commission Bill 2018 insisted upon by Labor and some crossbenchers in the Legislative…

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