Appropriation Bill 2018
Wednesday 7 November, 2018
I rise today to provide my full
support for the Appropriation Bill 2018. I am pleased to see a Treasurer hand
down a Budget, which addresses key issues that I have spoken about for years in
This Place. South Australian families are no longer burdened by a Government
which views them as way to increase the state’s revenue. Instead, this Budget
aims to improve efficiencies to allow for reductions in the cost of living,
while providing the business environment which will enable our economy to grow
well into the future.
For 16 years we were faced with
sell-offs of state assets and tax hikes as a means to balance the Budget and
bring about false surpluses. I am happy to see a budget which aims to return
this state to a sustainable position. One which does not sell the farm, for
glittering showpieces to distract from successive years of financial
The rising cost of living has been
continuing issue which has plagued most South Australians. By alleviating these
pressures from households, a Marshall Liberal Government is not only providing
budget relief to South Australians, but strengthening our own economic future.
Less taxes means more money in the household budget, which in turn will flow
into increased purchasing power and greater consumer confidence.
Households are already seeing how a
Marshall Liberal Government’s approach to managing the Budget can alleviate the
cost of living. The Emergency Services Levy has been reduced, as per our
election promise. This has provided homeowners with substantial relief on their
bill, a tangible piece of our plan for South Australia’s future, already in
Furthermore, families and businesses
will soon see their electricity bills start to come down. South Australia has
some of the highest electricity costs in the world. This has come about through
the previous government’s experimentation with unreliable power generation,
leaving the people of this state to be used as guinea pigs. Not only does this
deter business investment and slow down our economy, but it hurts the average
South Australian. When households are unable to afford skyrocketing prices and
are forced to forgo cooling their homes in the height of summer, in state so
resource rich, something is clearly wrong. A Marshall Liberal Government aims
to reduce this trend and is committed to lowering costs for South Australians.
This budget is squarely focused on reducing the cost of energy for households
and businesses and delivering the Government’s energy solution.
Our election commitments will also
see tax relief for small businesses, through the removal of payroll tax. With
an exemption for businesses with payrolls below $1.5 million, small businesses
will be free of unnecessary taxes and red tape, which held back many from
employing more South Australians for their business. This will allow employers
to move costs associated with payroll tax into further employment or increasing
the wages of their employees, no longer charging them for wanting to grow and
hire more staff. By exempting them from this tax, we will not only provide
better business conditions in this state, but also increase our growth rate.
Small businesses are the backbone of our economy, by removing red tape and
barriers in operating a business, we can give these hardworking people the
right environment to grow and prosper.
As this Place knows well, the
Veterans’ community is an area which I take a keen interest in. In particular,
The Headstone Project is an initiative which I have been a great supporter of
and was honoured to unveil the first of in this state. Last year I was honoured
to be present in Port Pirie, where Archibald John Kenneth McVicar was able to
receive a proper final resting place. That is why I am pleased to see the
announcement of $10,000 per annum for three years to provide headstones for
unmarked graves of World War One veterans, who so valiantly served our nation.
Finally, I would like to note funding
made available for our regions. Long ignored by Labor, these communities will
begin to see far overdue investment to local infrastructure. From major road
projects, such as the Port Wakefield overpass, to black spot funding and CFS
station upgrades, it is fantastic to see our vitally important regional areas
receive the attention they deserve.
The end result of this Budget will
see a return to a true surplus, strong investment in key growth areas and
benefits to families and businesses from major tax reforms. After 16 years of
financial mismanagement, I am proud to see a Marshall Liberal Government
delivering a strong budget, which delivers on our election commitments and
secure South Australia’s future. We are tailoring an environment which gives
South Australians the opportunity to succeed. I for one am excited to see what
this will bring.