Suburban retailers across Adelaide will ring up millions of dollars in Boxing Day sales today – and provide jobs for thousands of eager South Australian retail staff – as local shoppers and holidaying tourists rush to take advantage of the Marshall Liberal Government’s extended shop trading hours. Today is only the third year in SA’s…
DetailsAustralia’s ongoing economic recovery from the COVID-19 recession – with more people back in work and increased household consumption – has delivered South Australia an improved GST estimate for this financial year. The Federal Government’s Mid-Year Economic and Fiscal Outlook (MYEFO) today shows SA’s estimated GST grant revenues for 2020-21 are $300 million higher. Treasurer…
DetailsThe Marshall Government has welcomed the latest ANZ/Property Council of Australia survey of property sector professionals – including developers, landlords, architects, planners and engineers – showing confidence in SA has soared to pre-pandemic levels. The survey, taken in the two weeks from November 16 and including the 3-day circuit-breaker, shows local confidence has rebounded to…
DetailsConsumer confidence and spending in South Australia has surged, with latest State Final Demand (SFD) figures released today showing a massive 6.7 per cent rise in the three months to the end of September – a strong sign of the state’s ongoing economic recovery from COVID-19. SA’s State Final Demand – a measure of local…
DetailsIndependent ratings agency S&P today has issued an update that maintains South Australia’s long-term credit rating of AA+ however with a negative outlook. Treasurer Rob Lucas said this was an ‘inevitable consequence’ of the COVID-19 pandemic and the Government’s record $4 billion job-creating stimulus spend to turbo-charge the economy and save as many lives, livelihoods…
DetailsEligible HomeBuilder grant applicants will now have six months to commence construction of their new home or renovation from the date of the contract being signed, following a blanket 3-month extension being granted today. The decision, by the SA Commissioner of State Taxation, follows similar moves in Western Australia and Victoria and comes off…
DetailsThe 8-day State Government exemption for supermarkets and other essential stores, including pharmacies, across suburban Adelaide to trade extended hours to promote physical distancing will be revoked, following today’s announcement that new COVID-19 restrictions would be eased from Sunday. Treasurer Rob Lucas said the exemption, under the Shop Trading Hours Act 1977, was set…
DetailsLate last night, the Commissioner of Police published a direction providing for extended shop trading for supermarkets and other essential stores for the next 6 days – as part of the COVID-19 Stay at Home Direction. Treasurer Rob Lucas’ exemption will, therefore, be issued to cover the remaining 8 days of the recommended 14-day…
DetailsCash grants of $10,000 for eligible small businesses and not-for-profits still hard hit by COVID-19 will be paid from as early as today, as demand for the targeted State Government assistance continues to grow. So far, more than 2000 small businesses and not-for-profit organisations have applied under the Marshall Government’s second round of cash…
DetailsSouth Australian train drivers and other rail staff have voted overwhelmingly in favour of the Marshall Liberal Government’s new enterprise agreement offer, which provides 2 per cent per annum pay rises over the next 3 years. In a ‘huge show of support’ for the exceptionally fair and reasonable offer, 85 per cent of the…
DetailsIndependent 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…
DetailsThe 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…
DetailsThe Marshall Liberal Government continues to deliver significant cost-of-living relief for hardworking families and businesses, helping to drive down the cost of average household bills for water, electricity, car registration through lower CTP insurance premiums and the Emergency Services Levy. In fact, an average household* is now around $820 a year better off under…
DetailsThe Marshall Liberal Government is committed to the safety, welfare and wellbeing of South Australians – particularly those who are our most vulnerable. The State Budget 2020-21 allocates $7.2 billion to health, $3.9 billion to education and $609 million to child protection this financial year. An extra $124 million is provided over four…
DetailsThe Marshall Liberal Government is injecting a record $4 billion ‘adrenalin hit’ into SA’s economy to create thousands of local jobs over the next two years, driving South Australia’s ongoing recovery from the greatest economic challenge of our time, COVID-19. In the single biggest stimulus package by a State Government in South Australia’s history, the…
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