The South Australian government will pour billions of dollars into the health system and abolish stamp duty for some first home buyers, under measures announced in the state budget.
abc.net.au/news/sa-budget-focuses-on-housing-health/102483664South Australia's Labor government is predicting a strong national economy and labour market will help it deliver more support for first homebuyers and patients, without increasing taxes or cutting funding to frontline services.An extra $2.
Key infrastructure projects including the North-South Corridor and new Women's and Children's Hospital have contributed to debt ballooning out from $26 billion this financial year to $37 billion by 2026-27. "You'll also see a substantial increase in land tax revenues projected … due to the very strong property growth outcomes that we've had in the South Australian property market over the last 12 months."
Mr Mullighan said once implemented, the measures could save eligible home buyers up to $29,580 in stamp duty, on top of a $15,000 grant payment for the purchase of a new home valued at $650,000. "This budget provides the single largest commitment in additional health resourcing of any state budget that's come before," Mr Mullighan said.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Australian company to shape the future of space sustainabilityA South Australian-based company will play a key role in the future of space sustainability. Neumann Space launched its propulsion system into orbit, a first step towards revolutionising the industry.
Read more »
Missing Australian hiker dies in Canada after ‘unfortunate hiking accident’BREAKING: A missing 24-year-old Brisbane woman has been found dead days after she went missing on a hiking trip in Canada.
Read more »
Tragic discovery in search for Australian woman missing in Canada’s bear countryAn Australian woman who went missing while hiking in Canada has been found dead. 7NEWS
Read more »
Missing Australian hiker dies in Canada after ‘unfortunate hiking accident’'A truly beautiful soul': A missing Australian has been found dead days after she went missing on a hiking trip in Canada.
Read more »
First big battery at an Australian coal site goes live in VictoriaThe battery at the site of the decommissioned Hazelwood power station has the capacity to power about 75,000 homes for an hour during the evening peak.
Read more »