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Over 95 per cent of South Australia’s new infrastructure funding promised in last night’s federal budget benefits two of the Coalition’s priority seats in the upcoming federal election, analysis by InDaily reveals.
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News
Federal Treasurer Josh Frydenberg has told an Adelaide audience that the government backs the return of Chinese students to Australian universities, following questions about the impact of fraught diplomatic relations and the financial hit from the pandemic and closed borders.
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South Australia received a nearly $1 billion increase in GST revenue from the federal government over the last financial year, but Treasurer Rob Lucas says the revenue is still below pre-COVID forecasts.
The Morrison Government’s second pandemic budget will leave a deficit of over $100 billion next financial year. Read on for a snapshot of the main spending packages.
Australia will splash cash on roads, rail and training in a federal budget designed to create a quarter of a million jobs over the next two years, with the Morrison government also spending billions to address critical shortfalls in government services including aged care, disability and mental health.
South Australia is a state largely dominated by small to medium private businesses. So, what will last week’s big-spending federal budget mean for the state’s economy?
