Sensational-Adelaide.com

A German shipbuilding company has won the $3.5 billion contract to design and build Australia's next fleet of 12 Offshore Patrol Vessels (OPVs), with construction to be shared between shipyards in Western Australia and South Australia.

[Shuz] wrote: ↑

Sat Nov 25, 2017 6:22 pm

So we got lied to?

SA’s unemployment rate falls to 5.9 per cent. Now lower than in Victoria, Queensland and Tasmania
Daniel Wills, State Political Editor, The Advertiser

SOUTH Australia’s unemployment rate has dropped to 5.9 per cent, still higher than the national average but better than the figures recorded in three other states.

The Australian Bureau of Statistics today released its monthly update, which shows the national unemployment rate rose slightly to 5.5 per cent in December on a seasonally-adjusted basis.

However, SA’s seasonal rate fell from 6.1 per cent to 5.9 per cent.

That is better than Victoria, Queensland and Tasmania.

On the less volatile trend figure, SA’s unemployment rate is steady at 5.9 per cent.

That is better than WA and Tasmania, but above the national rate of 5.4 per cent.

Jobs loom as one of the major issues for the March state election, after two years in which SA had the highest unemployment rate in the nation and Holden’s closure.

Premier Jay Weatherill and the State Government has recently been rolling out a string of taxpayer-backed good news jobs announcements, including Violet Crumble’s return to SA.

Employment Minister Kyam Maher said jobs were the Government’s top priority.

“While I welcome the latest figures, there is always more work to be done,” he said.

claybro wrote: ↑

Thu Jan 18, 2018 4:27 pm

I've been on record before as saying I believe Victoria's economy is a house of cards, based entirely on huge unsustainable population growth, over- fuelling the housing market, allowing ordinary people to borrow against their home equity-for consumption, and providing inflated revenue to the government by property transactions and speculation. The cracks are starting to appear. SA on the other hand appears to be slowly turning the corner. I know some of my Victorian friends are mortgaged to the hilt, on homes 30km from the CBD, whose lifestyles and spending will be severely restricted should their house values drop, or heaven forbid, unemployment strikes.

ghs wrote: ↑

Fri Jan 19, 2018 10:22 am

Our unemployment rate has dropped below Queensland and Victoria. It's pretty easy to work out, all of Adelaide's unemployed
have moved to Brisbane and Melbourne to look for jobs.