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Category: South Australian economy
June 2017 Economic Briefing and Luncheon – Upcoming Event
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 […]
Labour Force May 2017
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 […]
Ways in which the current skilled migration system doesn’t meet SA’s needs
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 […]
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Retail Sales March 2017
South Australian retail sales were quite healthy in the first quarter of 2017. Data released by the Australian Bureau of Statistics today indicate that the volume of South Australian retail turnover rose by 0.5 per cent in the March quarter 2017. In comparison, national retail turnover rose by 0.3 per cent.
The latest monthly data, which […]
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Overseas Merchandise Exports March 2017
The modest improvement seen in merchandise exports in February has continued to strengthen in March, with the value of South Australia’s overseas goods exports up 18 per cent compared to March 2016. However, due to the significant falls in exports in the middle of last year, overseas goods exports in the 12 months to March […]
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A skilled migration system that meets South Australia’s needs
Australia’s skilled migration system has been in the news recently with the Commonwealth Government’s announcement that it is significantly tightening the main route for temporary skilled migration, the 457 visa. As with much of the recent policy around migration, this seems to be driven by the needs of Sydney and Melbourne, where governments are struggling […]
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Electricity and the perils of second-best thinking – Paul Kerin
In an article in Wednesday’s Australian, Paul Kerin argues that our governments should focus on “first-best” environmental and energy policies to best serve the overall public interest. He warns that the negative consequences of second-best policy choices (such as the large-scale renewable energy target (LRET) and the maximum price cap (MPC) on wholesale electricity) are […]
SA green shoots but soft fundamentals – NAB
The NAB’s latest State Update for South Australia and State Economic Handbook (the latter covering all states) both indicate that some “green shoots” are emerging in SA, but SA’s economic fundamentals remain “soft” relative to other states. Both reports are available here. The green shoots include improvements in business conditions, business confidence, household income and […]
The Citizens Jury and the Proposed Nuclear Dump – Dick Blandy
“Citizens’ jury questions economics of nuke dump” is the headline to Rebecca Puddy’s article on page 2 of The Australian on Monday 11 July, 2016. Ms Puddy’s article begins: “The bid to establish a nuclear waste facility in South Australia has suffered a further setback, after an independent “citizens’ jury” raised concerns about the economic […]
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Federal election: should we vote again to save the economy? – Paul Kerin
In my January column in Company Director, titled “The election effect” (and available here), I pointed out that economic research shows that in the year leading up to an election, business investment is (on average) about 5% lower than it otherwise would be. As business investment accounts for about 15% of GDP, a typical election […]
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