[adning id=”12070″]

[adning id=”12070″]

SA reports lowest unemployment rate of any state

The Marshall Government has welcomed the latest Deloitte Access Economics Business Outlook report which states that “South Australia has weathered the COVID storm remarkably well to date” – with low cases, businesses open and positive news on the jobs front.

The report states that South Australia’s recovery theme has been “jobs, jobs and more jobs”, with the state’s unemployment rate now lower than it was when COVID-19 hit, as well as being the lowest unemployment rate of any of the states.

There are more people employed full time in South Australia now than the same time last year, making SA “the only state so far to have achieved that enviable position” – something which South Australians should be proud of.

Deloitte also notes that South Australia has pushed “money into jobs” including a “…$4 billion economic stimulus to generate thousands of jobs, as well as $16.7 billion in infrastructure investment and $280 million invested in skills training…”.

Treasurer Rob Lucas welcomed the report which outlined further positive signs that the state’s economy will emerge strongly from the COVID-19 pandemic, following strong business survey results at the back end of 2020, such as the BankSA State Monitor and the ANZ/Property Council survey.

“These positive economic signs highlighted by Deloitte Access Economics come on the back of last week’s ABS Job Vacancies figures which showed SA job vacancies hit a 10-year high, a further very positive sign for our state’s economy as it recovered from the pandemic,” Mr Lucas said.

“Business confidence and consumer confidence are absolutely critical for the state’s ongoing jobs and economic recovery, and we welcome the positive sentiment highlighted by this report and contained in recent surveys.

“The Marshall Government is doing everything in its power to save as many jobs and businesses as possible during this challenging time, investing a record $4 billion in economic stimulus – including an extension of $10,000 cash grants for small businesses and not-for-profits, and significant payroll tax relief and land tax relief.”

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on email
Email
Share on print
Print

Leave a Comment

Your email address will not be published. Required fields are marked *

SUBSCRIBE FREE
SME NEWS BRIEFS

Get breaking news delivered
  • This field is for validation purposes and should be left unchanged.

RECEIVE GOVT GRANT OF $10K to $250K*.

Austrade Approved Business Events
AVAILABLE NOW APPLY BEFORE 30th MARCH 2021 (Condition apply)

  • ABF Events are approved and listed below have been certified by Austrade on the Schedule of Approved Business Events.
  • This allows exhibitors, sponsors, delegates and partners to participate in the Business Events Grant Program. Note event bookings need to be confirmed ASAP to participate in the grant program
  • The program provides 50% rebate (based on a minimum spend of $20k) for approved items including ABF event-media packages, exhibition stands, corporate function tables, delegate registrations.
  • Govt Grant applications are now open until the 30 March. Please contact ABF to discuss how we can assist, we have experts to assist grant applications.
  • Grant funding will cover up to 50% of eligible expenditure incurred in participating at pre-approved business-to-business events as buyers or sellers during the 2021 calendar year.  All grant applications must be submitted for approval via the following link: https://business.gov.au/grants-and-programs/business-events-grants
  • For further information please see this fact sheet.