The Turnbull Government has produced a South Australian friendly budget.
With $50 billion for submarines, $35 billion for offshore patrol vessels and the future frigates awarded to South Australia we are building our position as the nation’s defence state and growing jobs for South Australians. However, the budget also offers businesses and workers across all industries across the state an opportunity to grow and get ahead through tax breaks, an increase in GST revenue to South Australia and incentives and initiatives to help young people find work.
Given our state is at the bottom of the nation's economic and unemployment tables it has been said by some that we needed the help. Labor Senator Sam Dastyari sure feels the Western Suburbs of Sydney are far more prosperous (and a better place to live!!) so he would have to be fully supportive of these budget measures designed to help South Australia step up and join the other states on a level playing field.
This Federal Government Budget has given SA the perfect opportunity to springboard forward and grow jobs. We have the subs and now we need to leverage our position by moving quickly to build skills and businesses to produce the components and work force for these future defence opportunities.
With so much coming from the Federal Government the ball is now in Jay Weatherill and Tom Koutsantonis' court.
Now is the time for State Labor to say "thank you" and show what they are willing to do to further grow our state. This is a time for Premier Weatherill and Treasurer Koutsantonis to take action, roll up their sleeves and get to work. It is not a time to sit back and keep putting their hand out.
While the submarine announcement is important they won't be the only solution to our state's unemployment problem. After 14 years of State Labor Government in South Australia we have found ourselves at the bottom of the economic and unemployment table. Commsec has us equal last in their recent “State of the States” report and ABS stats show we have the highest unemployment rate in the country.
We can and must rise up. SA is a wonderful state with so much to offer. The key will be in our state's ability to diversify and find other areas of income to help grow the South Australian economy beyond the submarine contract.
We need to create an environment that can capitalise on the clever innovative people we have. We need to create a state that will keep our young people here. We need to offer more support and encouragement for entrepreneurs and start-up businesses to create jobs.
Steven Marshall and our State Liberal team have outlined our foundation for South Australia’s future in the 2036 document (www.marshall2036.com.au). It is a vision for prosperity and inclusive of all.
Jay Weatherill and Tom Koutsantonis must now step up.