Episode Details

South Australia’s Treasurer is unveiling a tight, cautious budget this Thursday as the state braces for a ballooning debt nearing $50 billion by 2026 — fueled by costly infrastructure and sky-high interest rates. With everyday expenses spiraling in health, education, and transport, and major projects like the North-South Corridor running over budget, the government’s focus is squarely on stability: preserving its AA+ credit rating and avoiding new taxes. While last year’s big-ticket initiatives are on hold, new targeted moves include a fast-tracked housing zone for first-time buyers and stamp duty waivers for victims of violence — a shift from broad relief to precision support.

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