News: SA centre for economic studies
Subdued growth for SA, while cost of living crisis eases
South Australia’s economy grew weakly in 2023/24 as a result of capacity constraints and weak household spending growth, according to the latest SA Centre for Economic Studies (SACES) Economic Briefing Report from the ³ÉÈË´óƬ.
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SA’s labour force participation likely to worsen
Current pressures on South Australia’s labour force and housing markets are likely to worsen over the next few decades due to the rapid ageing of the population, according to economists from the ³ÉÈË´óƬ’s SA Centre for Economic Studies (SACES).
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Significant slowdown in economy amidst weak spending
The South Australian economy has lost momentum over the past six months with key economic indicators showing weaker trends, according to economists from the ³ÉÈË´óƬ’s SA Centre for Economic Studies (SACES).
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Federal Government misses chance to boost skilled labour
The amount that pensioners may earn before being hit by tax should be increased in order to boost the economy and help them to keep using their expertise, according to a report published by the ³ÉÈË´óƬ.
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SA economic recovery to continue despite cost of living crisis
South Australia’s economic recovery is set to continue despite inflation and rising interest rates putting increased strain on household budgets. Aggregate spending within the state has grown strongly over the past year in response to strong growth in household consumption and public consumption spending, and a solid, though lockdown-interrupted, rise in dwelling investment. But with household and public sector consumption expected to weaken, the State’s export performance will need to improve to compensate.
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Newstart debate must focus on people not politics
A new report from ³ÉÈË´óƬ economists has added to the national debate about the Newstart Allowance, arguing that Newstart should be increased by as much as $120 a week and urging politicians to address the issue with maturity.
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