Budget relief for families but debt burden soars

A state’s debt burden will soar past $53 billion by 2030 but its treasurer insists budget surpluses and fiscal discipline will help steer it clear of a spiral into financial ruin. Handing down the South Australian state budget on Thursday, Treasurer Tom Koutsantonis said it would provide certainty for business and relief for families. “We…

| Kyabram Free Press

Handing down the South Australian state budget on Thursday, Treasurer Tom Koutsantonis said it would provide certainty for business and relief for families. A little over two months after the government was returned to office with a historic majority, Premier Peter Malinauskas said the treasury department had been working around the clock on “the greatest…