Investor Presentaiton
THE ECONOMY
•
•
Strong growth in GSP and employment in 2022-23
SA winter crop production for 2022-23 a new record high
Construction activity is performing well, with a strong pipeline to support near-term activity
Outlook for 2023-24 more subdued. Federal government anticipates slowing growth in 2023-24 due
to higher interest rates and prices
Employment growth to slow moderately following strong growth in 2022-23
KEY ECONOMIC INDICATORS UNDERLYING THE BUDGET AND FORWARD ESTIMATES -
SOUTH AUSTRALIA
2022-23
Estimate
2023-24
Forecast
2024-25
Projection
2025-26
Projection
2026-27
Projection
Gross State Product - real growth (%)
31
1
134
2
2
State Final Demand - real growth (%)
212
14
1 3/4
2
2
Employment - growth (%)
3
1
3/4
1
1
CPI (%)
734
334
314
234
2½
SAFA
South Australian
Government
Financing Authority
SOUTH
AUSTRALIA
SOUTH
AUST
IT
RAL
Government of
South AustraliaView entire presentation