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The State Opposition has seized on claims by the NSW Government that it’s in talks to lure South Australian companies to Sydney, arguing Premier Steven Marshall should never have disbanded SA’s investment attraction agency – as its former boss warned the state may need to “compete” to bring in business.
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Taxpayers have handed Adelaide Oval’s operators more than $4 million in financial assistance since March, Treasurer Rob Lucas has revealed, but he insists “there’s no doubting their ability to operate” despite a COVID-hit year.
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Two tunnels along a 10-kilometre stretch of South Road will see the state’s biggest transport infrastructure headache solved within a decade, at a cost of at least $8.9 billion – the centrepiece of the Marshall Government’s plan to spend the state out of a COVID-induced crisis.
Here’s our easy-to-digest summary of the key measures in today’s State Budget – from big-spending infrastructure projects and pandemic-induced stimulus measures, to some stings in Treasurer Rob Lucas’s financial fine-print.
Watch your inbox after 3pm for InDaily’s special State Budget edition detailing new costs, charges and funding in a pandemic-hit South Australian economy.
Tomorrow’s state budget could be “the most important in South Australia’s history”, Treasurer Rob Lucas says, as he declares stimulus spending must stop within two years to avoid an economic disaster.
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