Government welcomes credit ratings agencies’ comment on historic job-creating Budget

Independent ratings agencies, S&P Global and Moody’s, have provided initial commentary to the market on the Marshall Government’s historic job-creating State Budget 2020-21, which was handed down yesterday. S&P Global (AA+) reported the Government’s $4 billion economic stimulus (which leverages a further $1 billion in Commonwealth and business investment) as ‘valuable support’ for businesses, despite…

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Huge vote of confidence in job-creating State Budget from positive industry and stakeholder groups

  The Marshall Liberal Government has welcomed the overwhelming vote of confidence in its State Budget 2020-21 from a large cross-section of industry and stakeholder groups, who have thrown their support behind its record job-creating infrastructure spend and $4 billion in short-term stimulus.   Industry groups, including Business SA, the Business Council of Australia, the…

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Government does the heavy lifting to jump-start economy

The Marshall Liberal Government’s third State Budget invests in significant job-creating stimulus programs, a record $16.7 billion infrastructure pipeline over the next four years and a world-leading COVID-19 response which charts a path to ongoing strong economic recovery. The 2020-21 State Budget projects a net operating deficit of $2.59 billion in 2020-21 as a direct result of the Government’s comprehensive health and economic response…

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