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SA Budget 2020 five-minute guide: All the projects, spending and information for your area

There’s a huge $2.6 billion deficit, ballooning debt and masses of spending across the board. See what’s in the State Budget for you in our free five-minute guide.

State Treasurer Rob Lucas at Memorial Drive Tennis Club just before delivering his final state budget. Picture: Matt Turner.
State Treasurer Rob Lucas at Memorial Drive Tennis Club just before delivering his final state budget. Picture: Matt Turner.

In a year that has us living with a global pandemic and a fallout that has seen debt balloon, Treasurer Rob Lucas has delivered his penultimate Budget. Check our five-minute guide to get across the spending and what it means for you.

DETAILED READING
MAIN WRAP: Tunnels, tennis stadiums and tax relief

SPORTS UPGRADES:
$40m upgrades for Memorial Drive, Hindmarsh Stadium
ANALYSIS:
Why this Budget will change SA forever
POLICE: High-def cameras to catch drivers on mobile phones

BUSINESS: Payroll tax holiday extended

ACROSS SA: What’s in the Budget where you live

HEADLINE FIGURES

  • $33.17bn debt across forward estimates. READ THE FULL STORY HERE
  • Deficit
  • $2.59bn for 2020-21, $1.42bn for 2021-22 and $435m in 2022-23.
  • Government to pay about $447m less in debt interest payments to 2022-23.
  • Forecast GST revenue revised down by $3.8bn between 2019-20 to 2022-23.
  • $4bn economic stimulus spend across business support, infrastructure investment, cash payments and tax relief.
  • No employment growth forecast in 2020-21 but anticipated to increase by 2 per cent the following year.

TAXES

  • $106m land tax relief in 2020-21 and $237m over three years.
  • Residential and non-residential landlords can receive 50 per cent saving on their 19-20 land tax liability.
  • Six-month extension of payroll tax relief to companies with wage bill below $4m. READ THE FULL STORY HERE
  • Six-month payroll waiver for businesses with an annual grouped wages above $4m who receive JobKeeper from January 4.
  • Payroll tax exemptions on all JobKeeper payments.
  • No payroll tax for any new trainee or apprentice brought on for 12 months.

COST OF LIVING

  • 50 per cent hike of Victims of Crimes Levy from next year; youth levy unchanged.
  • VOC levy applying to an expiation notice will increase from $60 to $90.
  • Most fees and charges rose by around 1.9% on 1 July 2020.
  • New road user charge for electric vehicles, expected to generate $1m a year from July 1.
  • Upfront payment of vehicle clamping and impound fees at the time of release from July 1.
  • The Public Trustee will increase the investment management fee for the growth common funds from 1.0 per cent to 1.2 per cent from 1 July 2021.

INFRASTRUCTURE

Memorial drive will receive $44m for stage two of its redevelopment.
Memorial drive will receive $44m for stage two of its redevelopment.

BUSINESS AND COMMUNITY SUPPORT

  • $850m tradies support package for road maintenance and capital upgrades such as jetties ($40m).
  • $245m increase in COVID funding relief to businesses and community groups.
  • $82m small business grants in 2020-21 financial year.
  • $32.9m for 750 new traineeships and apprentices in government projects.
  • $35m for district sporting club facilities over next two years.

HEALTH

  • $685m to start building Women’s and Children’s Hospital.
  • $100m in upgrades to current WCH and QEH.
  • $15m expansion Gawler Hospital Emergency Department.
  • Health spending increase by $676m than estimated in 19-20 budget.
Artist impression s of the redevelopment of the Queen Elizabeth Hospital in Woodville.
Artist impression s of the redevelopment of the Queen Elizabeth Hospital in Woodville.

EDUCATION

  • $37m for essential maintenance at government schools and preschools.
  • Expected $805m increase in education spend by 2023-24.
  • $320m loans to non-government schools for facility upgrades.
  • $11.6m for non-government school capital investment.
  • $99.6m funding boost for TAFE.
  • $1.5m for high-speed broadband in preschools.

HOUSING

  • $75.6m Housing Construction Stimulus Package targeted at social and affordable housing.

LAW & ORDER

  • $12.1m Sir Samuel Way Building facade and accessibility works.
  • $14.2m to upgrade audiovisual link across the court sector.

WELFARE

  • $609m child protection budget.
  • $124m over four years for “additional” child protection resources.
  • $18.7m to consolidate the Adelaide Youth Training Centre.
  • $13.6m over three years to provide short-term emergency accommodation and support services for rough sleepers.
  • $5.1m over four years funding to the National Agreement on Closing the Gap.
  • $900,000 over two years on trial program to support young mothers.

POLICE & EMERGENCY SERVICES

ENVIRONMENT

  • $45m over four years to rebuild tourism attractions on Kangaroo Island.
  • $44m over four years for natural parks across SA.
  • $36.7m over two years to improve environmental outcomes at the Riverland.
  • $9.2m for upgrade to Adelaide Botanic Gardens including works to the heritage-listed Goodman and Tram Barn A buildings.
  • $28m over four years to increase prescribed burns.

AGRICULTURE/REGIONS

  • $52m on a regional road network package, including upgrades to the Stuart, Dukes, Spencer and Riddoch highways.
  • $135m toward sealing the Strzelecki Track and $250m for the South East Freeway.
  • $185m over five years – including 80 per cent Federal funding – for a “Fleurieu Connections Improvement Package” to fix safety and traffic flow south of the duplication works on Main South Road and Victor Harbor Road.
  • Business projects will be boosted with $25m from the Regional Growth Fund.
  • $2.3m regional theatre upgrades.

TOURISM

  • Further $50m to the Aboriginal Art and Culture’s Centre at Lot 14.
  • $120m over four years to tourism marketing.
  • Extra $12m over three years to attract new events to SA.
  • $20m over two years for a tourism industry development fund.
  • $31.2m public realm upgrades of Festival Plaza upgrade.

Originally published as SA Budget 2020 five-minute guide: All the projects, spending and information for your area

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Original URL: https://www.ntnews.com.au/news/south-australia/sa-budget-2020-fiveminute-guide-all-the-projects-spending-and-information-for-your-area/news-story/c675749e8ed7fea9512a3a1426837559