Everything you need to know about the 2023-24 state budget
The 2023-24 state budget has dropped with some major announcements in housing, health and cost of living. Here’s everything you need to know.
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The 2023-24 state budget has been unveiled by Treasurer Stephen Mullighan, with some major announcements in housing, health and cost of living.
Here’s a brief overview of every major announcement.
Housing
– Abolishing stamp duty for eligible first-home buyers buying or building their first home
– Applies to properties valued up to $650,000, phasing out at $700,000
– And to land valued at $400,000 to build a new home, phasing out at $450,000
– Cap on $15,000 first homeowners grant lifted to $650,000 from $575,000
– Around 1140 new homes for public housing
– 700 new affordable homes
– 25,000 new blocks released for housing in Adelaide’s north and south
– Additional protection for renters including
Health
-$1.3 billion over five years to cope with additional activity
– $567 million to support living with Covid
-$200 million over fears years for programs such as increasing weekend staffing, extending virtual care services and emergency avoidance hubs
Cost of living
– Rebate of up to $500 on power bills for 420,000 eligible households
– Rebate of up to $650 on power bills for 86,000 small businesses
– Expanding the school breakfast program in government schools
– $5 million for food charities such as Foodbank
– $56.4 million to provide subsidised carparking and free public transport for public hospital workers
Child protection
– $109.5 million to provide additional resources for kids in care
– $35.7 million to improve targeted intensive family support services
– $32.1 million to increase carer payments for family-based carers
– $13.4 million for family group conferencing services
Road safety
– $40 million for Mt Barker roundabout upgrade
– $31.2 million for new speed cameras
– $10 million for regional road safety measures including tactile lines and barriers
– $6.2 million in road safety campaigns
– $6.2 million to improve Kangaroo Island roads
Transport and infrastructure
– $5.3 billion over next four years on the North-South corridor Torrens to Darlington project
– $1.2 billion over four years starting new Women’s and Children’s Hospital
– $348.9 million on a new forensic science facility
– $30 million on upgrading Pt Augusta prison
– An extra $55 million on new North Adelaide aquatic centre, taking total spend to $135 million
– $20 million to upgrade regional jetties
– $23.5 million improving Marion swim centre
– $23.5 million to ensure regional bus services operate
– $7 million on tap-and-pay ticketing
Police and emergency services
-$81.8 million to recruit an extra 189 police officers
-$12.2 million to accelerate that recruitment
– $26.7 million to buy up to nine aircraft for aerial firefighting
Education
– $100 million to upgrade schools and pre-schools
– $15.8 million for regional school buses
– Unknown amount set aside for 3-year-old pre-school ahead of Royal Commission report in August
Skills
-$28 million on subsidy increases for not-for-profit and industry based training providers
– $10.2 million to establish a regional skills development fund so TAFE can start more courses in rural and regional areas
Jobs and economy
-$5.5 million to establish an Office for AUKUS
– Unknown funding for investigation into Northern Water project
– $27.8 million to support horse racing industry
– $33 million to support the space industry at Lot 14
-$20 million for the Research and Innovation Fund
– $20.8 million for Major Events Fund
$200 million over five years for the Digital Investment Fund for cyber security and digital initiatives
Indigenous communities
– $10.3 million to establish First Nations Voice to Parliament
-$11.2 million for Yalakania Tappa program to reduce incarceration rates
-$5.6 million for Tauondi College
Floods
– Around $180 million for a variety of relief measures including clean up, road repair, tax relief, emergency services reconnection
-$9.8 million for energy response to flood event
-$1.3 million for additional flood protection barriers
Environment
-$6.5 million to overhauls BioData SA
-$10.3 million to complete replacement of gates at Patawalonga Lakes
– $7.5 million on sand carting program including to West Beach
Regions
-$3 million for the Outback Communities program
-$3.7 million to reverse the asset sustainability levy
– School upgrades at Meningie Area and Yahl Primary School
-$2.4 million over three years to provide lice fee relief reflecting extension of the snapper fishery closure
-$3.2 million for implementation of individual electronic ID for sheep and goats
-$5.5 million for farm business resilience program
$25 million for fruit fly response in the Riverland
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Originally published as Everything you need to know about the 2023-24 state budget
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