June 2024
SA Labor says budget cash handout won’t hurt RBA inflation fight
SA Treasurer Stephen Mullighan is adamant a $52 million one-off bonus payment to 25pc of households in June won’t fuel inflation.
Winners and losers in South Australia’s budget
About one in four households will share in a $51.5 million one-off cash payment over the next three weeks, with low-income households getting the $243.90 bonus.
SA removes stamp duty for first home buyers on all new builds
The pre-budget announcement is a concession that soaring house prices have sabotaged the effectiveness of last year’s more modest exemption.
June 2023
First home buyer stamp duty scrapped in SA overhaul
SA Treasurer Stephen Mullighan is desperately hoping the RBA won’t lift rates again because household capacity to pay is severely stretched.
The winners and losers in the SA budget
First home buyers purchasing a new home worth up to $650,000 are big winners in the SA budget, and won’t pay any stamp duty, saving $29,580.
SA treasurer cuts growth forecasts for next two years
South Australian Treasurer Stephen Mullighan says there are tougher times ahead, with consumer spending starting to slow.
June 2022
SA credits renewable investment with keeping power prices low
South Australian Treasurer Stephen Mullighan said heavy investment in renewable energy over the past few years has put the state in a better position to withstand soaring power prices.
Winners and losers from the SA budget
SA Treasurer Stephen Mullighan’s first budget after Labor’s state election win had heavy spending on health and infrastructure.
March 2022
Letters: Putting Queensland’s debt into perspective
State debt in Australia, Albanese’s election dilemma, Reserve Bank review, hydrogen versus gas, South Australia’s option, Clive Palmer’s promise.
SA’s treasurer-in-waiting promises financial discipline
Labor’s Stephen Mullighan, who was at Deloitte Access Economics a decade ago, says economic expansion is crucial in paying down debt.
June 2021
Total Australian state and federal government debt to double to $2trn
Total state government net debt is forecast to triple in coming tears, leaving a large bill for future generations.
Virus management, housing boom boosts NSW budget recovery
The strong performance of NSW’s public finances stand out. But the claim this was reforming budget is a stretch.
SA budget winners and losers
The winners from the South Australian budget outweigh the losers by a big margin as spending on health, education and infrastructure is ramped up.
SA eyes surplus after speedy recovery
Treasurer Rob Lucas says SA will be back in the black faster than Queensland, NSW and Victoria after a rebound from a $4.7 billion COVID-19 hit.
SA Treasurer says growth to hit 3.5pc in 2021-22
Rob Lucas says debt in South Australia is projected to be $33.6 billion in 2024-25, but there is a return to a small surplus earmarked for 2022-23.
November 2020
NSW debt burden may force RBA's hand
The cost of borrowing is rising again for governments, after it had been coming down consistent with the purpose of the RBA's bond-buying program.
Car leasing group Eclipx to push hard on electric vehicles
CEO Julian Russell says it will be on the front foot with electric vehicles and hybrids for corporates, as activity levels rebound.
SA budget winners and losers
Electric vehicle owners in SA will pay a road user charge from mid-2021 and tradies will be busy with an $850m injection into maintenance and upgrade spending.
Electric car owners to pay road user charges in SA from 2021
SA will be the first state to make electric vehicle owners pay their way, as the Treasurer unveiled a big-spending 'high-vis' budget in which debt will rise to $33 billion.
SA aims to poach from interstate as stimulus doubles to $4b
Premier Steven Marshall says the robust management of COVID-19 is a big selling point for the state as he chases companies to come set up shop.