SA Premier lifts stimulus package to $1 billion

SA Premier lifts stimulus package to $1 billion

Some of the members of the new 14 member council include Business SA chief executive Martin Haese, Australian Hotels Association state boss Ian Horne, Civil Contractors Federation of South Australia chief executive Phil Sutherland, Property Council of Australia SA executive director Daniel Gannon and Master Builders Association chief executive Ian Markos.

Tourism hotspot Kangaroo Island suffered a big hit from bushfires in January and now tourist numbers are down to almost zero as the coronavirus pandemic hits. SA Premier Steven Marshall now has $1 billion in economic stimulus on the table across the state. AAP

South Australia’s economy is particularly vulnerable because of the large numbers of international students which attend its three universities, while tourism is also a large component with tourism hotspots like Kangaroo Island and wine regions including the Barossa Valley and McLaren Vale.

About 37,000 international students go to the University of Adelaide, University of South Australia and Flinders University.

South Australia’s unemployment rate is consistently higher than the national average. Kangaroo Island was hit hard in January by devastating bushfires which burnt out almost half of the island and resulted in two deaths, with the government launching a special campaign in late January and February to encourage tourists back to the island and the Adelaide Hills, which also suffered bushfire damage.

But tourist numbers have dropped to almost zero because of the stringent travel restrictions, with the state effectively closing its borders earlier this week.

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