SA Budget

22 June 2015

 

The South Australian budget was handed down with the budget projected to return to a $43m surplus in 2015/16, rising to $961m by 2018/19. There were no new savings measures and major tax cuts on business transactions worth $670m would stimulate growth and create jobs. Michael O’Neill, an economist from Adelaide University, said the forecasts were unlikely to be achieved and were overly optimistic.

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