South Australia’s State Budget is firmly back in the black, with the Marshall Liberal Government recording a $289 million surplus in its first State Budget in 2018-19 – turning around a massive $313 million deficit left by the former Labor government. In fact, Labor’s gross financial mismanagement and incompetence has been highlighted by the fact…
DetailsThe Marshall Liberal Government’s 2019-20 State Budget is on track to deliver a surplus and maintain projected modest surpluses across the forward estimates, according to the Mid-Year Budget Review (MYBR), released today. It follows a return to surplus in the Marshall Government’s first Budget (2018-19) of $289 million, turning around a significant $313 million deficit left by the former Labor…
DetailsSeveral former SA Health employees who were overpaid their salary 23 years ago when a new payroll system was introduced will not be required to repay their historical debts to the State Government, following the intervention of Treasurer Rob Lucas. Mr Lucas has instructed the Department of Treasury and Finance not to pursue recovery of…
DetailsThe Marshall Liberal Government has welcomed a decision by the Australian Education Union’s state executive to endorse unanimously the Government’s Enterprise Agreement offer for teachers, principals and preschool directors to go to a ballot of its members, in a move that is hoped will resolve the long-running pay dispute. Treasurer Rob Lucas said it was a welcome and positive step…
DetailsRetailers across South Australia are bracing for a ‘Black Friday’ sales bonanza today, with tens of thousands of shoppers expected to turn out and take advantage of the historic extended shop trading hours in the lead up to Christmas, supporting local jobs and the economy. In a South Australian first, Treasurer Rob Lucas has granted a special Ministerial exemption for…
DetailsComprehensive land tax reform that drive jobs growth, business investment and create a fairer and more equitable tax system will be introduced into South Australia, with the Marshall Liberal Government’s Land Tax (Miscellaneous) Amendment Bill 2019 successfully passing State Parliament tonight. The Bill passed the Legislative Council with the support of Advance SA and the SA Greens, followed by the House of…
DetailsThe Marshall Liberal Government has announced it has successfully secured the agreement of Trafigura Group Pte Ltd, the new majority owner of the Port Pirie lead smelter, to repay the entire remaining $262.1m owed under the $291.1m SA taxpayer-guaranteed loan. It comes as the company advises it’s expanding its Port Pirie workforce, creating an additional…
DetailsMr President, I would like to update the house on the current status of the financing arrangement for Nyrstar’s redevelopment project of its smelter in Port Pirie. The Marshall Liberal Government has successfully secured the agreement of Trafigura Group, the new majority owner of the Port Pirie lead smelter, to repay the remaining $262.125 million…
DetailsThe Marshall Liberal Government has announced it has reached an agreement with the Hon John Darley MLC to further amend its land tax reform package in exchange for his support for the passage of the amended bill this week. Treasurer Rob Lucas said Mr Darley had made it clear to the Government that he wanted further amendments to…
DetailsSouth Australia is the only state in the nation to record ‘above trend’ economic growth, according to independent analysis by ANZ Bank, with the fast-tracking of major SA road and rail infrastructure projects set to create more jobs and drive further investment. The ANZ Stateometer survey – released last night – shows that while momentum in SA slowed during…
DetailsThe Marshall Liberal Government has announced it has approved Boxing Day retail trade in the suburbs again this year, following the “roaring success’’ of historic post- Christmas sales across Adelaide in 2018. More than 130,000 people flocked to suburban retailers on Boxing Day last year, in addition to the CBD, with retail sales in the suburbs almost trebling (an increase…
DetailsIn a South Australian first, retailers across the Adelaide CBD and suburbs will be given the opportunity to trade until midnight on Friday, November 29 to capitalise on the burgeoning popularity of ‘Black Friday’ sales. Treasurer Rob Lucas has granted the Ministerial exemption under section 5 of the Shop Trading Hours Act 1977 in response to strong demand from consumers…
DetailsUnion boss grinches within the Australian Education Union have forced an Adelaide primary school to reschedule its popular twilight end-of-year Christmas concert to the middle of a working day, denying many working parents and grandparents the opportunity to watch their children perform. The “outrageous, mean-spirited” action is part of state-wide work-to-rule bans being encouraged by the union bosses as part of…
DetailsThe Marshall Government has made further amendments to its Land Tax Reform Bill, which will deliver an extra $20 million in savings for SA investors over the next three years. The amendments to the Bill – which is now supported by the Property Council of South Australia – increase the top threshold to $1.6 million…
DetailsSouth Australia’s Spring property market is blooming with auction clearance rates this month at their highest level in 19 months. Data released by the Real Estate Institute of SA shows auction clearance rates last week (October 13) hit 78% – compared with 53% at the same time last year – and the strongest performance since just before the March 2018…
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