Monthly Archives: June 2017
University of Adelaide economists are predicting minimal jobs growth in South Australia over the next two years, as the full impact of the Holden closure is felt and with few major projects on the immediate horizon.
In their first Economic Briefing Report for 2017, the University’s South Australian Centre for Economic Studies (SACES) predicts jobs to […]
The South Australian State Budget 2017-18 forecasts the South Australian economy to grow at 2.25 per cent (3.0 per cent nationally) with employment growth at 1.0 per cent over the next year. Public sector employment was forecast (in 2016-17) to decline by some 700 positions in 2017-18 but will in fact now increase by some […]
We all know damned lies and statistics can be misleading. So too can graphs, modelling assumptions and the omission or glossing over of critically important information. Take the Finkel report.
The report by chief scientist Alan Finkel on the future security of the national electricity market was released on June 9.
In it, Finkel recommended a “clean […]
The SA Centre for Economic Studies will launch its June 2017 Economic Briefing Report at a presentation and luncheon to be held at the The Intercontinental Adelaide on Friday, 30 June 2017 (from 12:00 pm).
The function includes a presentation on the situation and outlook for the South Australian economy, presented by Steve Whetton, Deputy Director, SA […]
Latest labour force figures for May 2017 released by the Australian Bureau of Statistics show South Australia’s labour market continues to perform poorly. The state recorded a slight decline in trend employment of 330 persons in May, while the number of unemployed people rose by 682 persons (1.1 per cent). South Australia’s trend unemployment rate […]
In a recent article in The Australian, Paul Kerin argues that immigration is essential to maintaining and improving our future living standards. Immigration has been found to raise GDP per person, and has negligible effects on wages, employment and workforce participation of local workers. It also improves labour market flexibility and helps to moderate unfavorable […]
SACES has released the second of three reports as part of our research into national migration policy in the context of challenges facing economic and business development in South Australia, particularly for regional South Australia.
Our latest report takes a closer look at some of the concerns raised by business owners and representatives about ways in which the current […]
As widely expected by markets, the national economy slowed in the first three months of the 2017. National Accounts data released today indicate that Australia’s Gross Domestic Product (GDP) rose by 0.3 per cent in real seasonally adjusted terms in the March quarter 207, following a 1.1 per cent rise in the December quarter.
GDP growth […]
In protecting the most vulnerable with respect to gambling I wrote the paper “Stop: Wrong Way Go Back” where I argued against an amendment to permit access to EFTPOS in gaming areas in South Australia. I made the point that South Australia is the only State/Territory to allow access to cash in a gaming area […]
South Australian retail sales showed continued strength in April, following a solid result in the March quarter. According to the Australian Bureau of Statistics, the value of retail sales in seasonally adjusted terms rose by 1.1 per cent in April 2017. In comparison, national retail sales rose by 1.0 per cent. The latest monthly national […]