SA Economy

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SBD
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Re: SA Economy

#541 Post by SBD » Wed Jun 17, 2020 2:22 pm

rev wrote:
Wed Jun 17, 2020 1:46 pm
SBD wrote:
Wed Jun 17, 2020 1:41 pm
rev wrote:
Tue Jun 16, 2020 9:00 am
https://www.adelaidenow.com.au/news/sou ... a9d2df66a7

Ah that old Olympic Dam promised pot of gold. Will it happen this time? Probably have a better chance of finding a pot of gold at the end of a rainbow.

And the red bit, has our state government got any projects identified?
It's not clear when a project is advanced "too far" to qualify, nor what is "too early".
  • Tenders have been accepted and contracts signed for Joy Baluch AM bridge, Copper Coast Highway bridge over Augusta Highway and duplication of the highway through Port Wakefield.
  • Work has started on Goodwood and Springbank Roads
  • Property has been acquired for Portrush and Magill Roads
  • I think there has been some kind of announcement for a Fullarton Road intersection?
  • Concept plans announced for Ovingham level crossing
  • Pipe(tunnel) dream of finishing the North South Motorway
  • Other level crossings and intersections need work but haven't been announced.
  • Truro bypass, upgrade of heavy vehicle route between Princes and Sturt Highways
Hopefully something in this list hits the sweet spot for readiness.
Can't they just even start with basic road maintenance projects. Our roads are disgraceful. Even when they re-lay bitumen it' still uneven.
Is that in scope for this funding?

The problem with (some) roads is that the earth underneath moves enough that it would need a very deep footing to be able to stay smooth on top. Asphalt allows for some movement, but still not everything in all circumstances.

rev
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Re: SA Economy

#542 Post by rev » Wed Jun 17, 2020 2:57 pm

Adelaide base for space agency's mission control

South Australia has been chosen for the nation's only space mission control, creating Australia's first space hub.

The Mission Control Centre will allow researchers and astronautical companies to control missions and communicate with astronauts at the International Space Station from Adelaide's CBD.

Local company Saber Astronautics will receive $6 million from the Federal Government and $2.5 million from the State Government to build the facility.

The centre will be constructed within the Australian Space Agency's headquarters in Adelaide's innovation precinct Lot Fourteen, planned to open in early 2021.

Minister for Industry, Science and Technology Karen Andrews said the Mission Control Centre would help grow Australia's space sector and will promote jobs within SA.

"Space is also an incredible tool which can help other Australian industries to grow – from making our farmers more productive to giving our advanced manufacturers new supply chains to become a part of," she said.

It will launch alongside the Space Discovery Centre, an international educational facility aimed at promoting the next generation of the nation's space industry.

The Federal Government is investing $700 million into the space sector, planning to triple its size to $12 billion and add an extra 20,000 jobs by 2030.

- With AAP
https://www.msn.com/en-au/news/australi ... r-BB15tEia

Jaymz
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Re: SA Economy

#543 Post by Jaymz » Tue Oct 27, 2020 5:25 pm

The latest CommSec State Of The States report has been released for the June quarter, with some stats such as unemployment from more recent figures (hence S.A's good result for this). S.A has moved up to equal 4th position with N.S W.

* Note. These figures are for current performance against the decade average for each category.

https://www.commsec.com.au/content/dam/ ... r_2020.pdf

Jaymz
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Re: SA Economy

#544 Post by Jaymz » Fri Jan 29, 2021 4:59 pm

The latest CommSec State of the States quarterly report has been released. South Australia has moved up into equal third position with Victoria, our highest ranking for about a decade.

Of course, these are not normal times and it's a case of which state has performed least worst during Covid and all the challenges it has presented. Interestingly, SA did not top the ranking for any of the categories but performing above average for several of them.

https://www.commsec.com.au/content/dam/ ... y_2021.pdf

Jaymz
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Re: SA Economy

#545 Post by Jaymz » Tue Apr 27, 2021 8:51 am

That's right folks, it's time again for another installment of Commsec's State of the States report. I know you've all been waiting with bated breath for the past 3 months 8)

South Australia has fallen two spots from 3rd to 5th out of eight states and territories. Once again we haven't topped the rankings in any one of the categories, but tracking around the middle for most of them as our overall ranking would suggest. S.A's best performing category was for new dwelling commencements which is a positive sign as this often flows through to boost other economic indicators in the future.

Please see two posts above for my usual disclaimer.


https://www.commsec.com.au/content/dam/ ... l_2021.pdf

Jaymz
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Re: SA Economy

#546 Post by Jaymz » Thu Jul 29, 2021 3:05 pm

The latest CommSec State of the States is out, S.A is now ranked fourth out of eight states and territories.

The highlight for South Australia being new dwelling starts are at the highest levels for 36 years.....

https://www.commsec.com.au/content/dam/ ... ly2021.pdf

Waewick
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Re: SA Economy

#547 Post by Waewick » Sat Jul 31, 2021 6:36 pm

Appreciate the updates, always good reading.

We have 3 Banks (consecutive, NAB and WBC) telling us how good the state is going, but why aren't we seeing jobs growth? Or even more rapid population growth?



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