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SA's record $4b economic stimulus 'second biggest' in nation


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SA’s record $4b economic stimulus ‘second biggest’ in nation
The Marshall Liberal Government’s record $4 billion economic ‘adrenalin hit’ to turbo-charge SA’s strong ongoing jobs and economic recovery from COVID-19 is the second largest stimulus package in the nation, behind only NSW.
The federal Parliamentary Budget Office has found the Marshall Government is investing 3.6 per cent of Gross State Product (GSP) on the state’s massive COVID-19 fiscal response – higher than next-placed Tasmania (3.3%), Victoria (2.8%) and Western Australia (1.9%).
Only New South Wales has contributed more as a per cent of GSP (4.6%).
Treasurer Rob Lucas welcomed the report as further evidence of the Government’s unwavering commitment to growing the economy and local jobs in the wake of the greatest economic challenge of our time, with a record $4 billion state stimulus leveraging an extra $1 billion in Commonwealth, local government and business fund ....

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