Economy

Dec 20, 2012

No more spin: SA Treasurer delivers budget horror show

South Australian Treasurer Jack Snelling has taken an axe to the budget, as falling revenues and a failure to meet targets pushes out the deficit. Even government spinners will go, reports Kevin Naughton of InDaily.

Falling revenues and a failure to meet savings targets in a key government department have pushed out the expected South Australian budget deficit to $1.169 billion this financial year. So much so the government will even have to get rid of its spinners.

4 comments

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4 thoughts on “No more spin: SA Treasurer delivers budget horror show

  1. TheFamousEccles

    Now comes my dilemma: which of these clowns to vote for, come the time? Can I just choose the one that starts with “L”?

  2. Suzanne Blake

    Given Wayne Swans swansong today and body language, will be be replaced, will Gillard, will Abbott? Turnbull and Rudd to fight the next election

  3. GeeWizz

    THIS. IS. LABOR

    Meanwhile over here in Queensland, the Courier Fail was having their usual anti-Newman whinge because the QLD Budget was only going to be $500 Million Dollars in SURPLUS for the 2014-15 period.

    Gee only $500 Million surplus… these are numbers Swandive and his Labor leftie mates in the states of SA and Tas could dream of.

  4. Suzanne Blake

    I wonder if Bernard will cover the Swan disaster?

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