A new WISeR report reveals more than 265,000 (29.4%) South Australian families will be worse off in 2017-18 as a result of the 2014-15 Federal Budget.
The report shows that proposed health and education spending reductions result in losses of Gross State Product ranging as high as $1.6 billion. The jobs impact of these reductions combined with cancellation of Round 5 of NRAS are estimated to range as high as 17,800 person years of employment. Up to 7,000 fewer jobs are forecast for 2017-18.
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