State Treasurer Jack Snelling has blamed a lower than expected GST revenue on the state's financial situation, saying that  a net operating deficit was now forecast for 2011-12 but restrained spending would see the state return a net operating surplus in 2012-13 that would continue over the remainder of the forward estimates.

Delivering the South Australian state budge, Mr Snelling said that total taxation revenue together with GST and royalties revenue from 2010-11 to 2011-12 will be almost $650 million lower than estimates made for the same period in the 2008-09 State Budget.

South Australia’s financial position is;

  • 2010-11 – Estimated net operating deficit of $427 million;
  • 2011-12 – Budgeted net operating deficit of $263 million;
  • 2012-13 – Budgeted net operating surplus of $114 million;
  • 2013-14 – Budgeted net operating surplus of $80 million;
  • 2014-15 – Budgeted net operating surplus of $655 million.

The South Australian Government has announced $276.3 million in spending on the state's regions, including infrastructure improvements to regional roads, government schools, hospitals and flood-affected areas.

The South Australian Government has announced a total of $4.7 billion in health spending in the state's 2011-12 budget, representing a four per cent, or $181 million, increase on the previous year.

South Australia has dropped its legal challenge to Victoria over trading caps in the Murray-Darling Basin.

The Collie South West Hub capture and storage (CCS) trial project in Western Australia is to receive up to $104 million in matching Federal and State funding for the completion of a detailed storage viability study.

Tens of thousands of Victorian construction workers are set to win wage increases of up to 7 per cent after Construction, Forestry, Mining and Energy Union (CFMEU) delegates backed a deal that would see a minimum wage increase of 5 per cent per annum.

The Victorian Government has announced the opening of the Advanced Manufacturing Precinct at RMIT University with an aim to assist Victorian companies develop sustainable products.

The Western Australian Government is providing $15.8 million over four years to iVEC’s Pawsey Supercomputing Centre, headquartered at Technology Park, Bentley.

Victorian Parliamentary Secretary for Regional and Rural Development Damian Drum has launched an investment strategy aimed at attracting over 10,000 jobs in Geelong.

The South Australian Government has announced it will cancel its planned $53 million in public sector worker entitlement cuts after a protracted dispute with unions.

The Tasmanian Government is planning to request the state’s Climate Action Council to review Tasmania’s current legislated target for Greenhouse Gas emissions, with a view to introducing interim targets.


Currently, the Tasmanian Government has committed to reducing Greenhouse gas emissions by 60 per cent below 1990 levels by 2050.


Announcing the planned review, the Minister for Climate Change, Cassy O’Connor, undertook to work with the Council and Tasmania’s Climate Change Office to develop an interim emissions reduction target for 2020.


“Policy shifts like those in the UK and the ACT show that we can both pursue economic growth while we cut our emissions.”


Ms O’Connor said that with the Commonwealth preparing to introduce a carbon tax, Tasmanians needed to work together to secure a sustainable future for the environment, the economy and local communities.


“As the Minister for Climate Change, I look forward to working with my Cabinet colleagues and fellow MPs on the establishment of an interim target for Tasmania so that we can show leadership on climate change mitigation and adaptation.”


The Climate Change Action Council’s advice on the setting of interim emission reduction targets is on the Tasmanian Climate Change Office’s website at www.climatechange.tas.gov.au

New appointments have been made to two advisory councils to the South Australian Government, the Premier’s Climate Change Council and the RenewablesSA Board.

The NSW Government has launched 'Digital Sydney', a new campaign promoting NSW as the Asia Pacific’s leading digital economy location.


Digital Sydney will market NSW as a hub for digital companies, promote digital collaborations between the ICT and creative sectors, and help expand the digital marketplace in NSW.

 

NSW will be promoted as the Asia Pacific's leading digital business and investment location, with Sydney its epicentre and supported by NSW's innovative regions.

 

The campaign will brand the City of Sydney as 'smart and sophisticated', helping to enable, facilitate and support activities that can create and sustain digital economy jobs.

It will also target new investment and the uptake of new technology.

 

Surry Hills agency Ascender Design was the winner of a $10,000 public design competition to develop the logo for Digital Sydney - a multi-coloured pixelated ribbon.

 

Digital Sydney Advisory Team leader Hael Kobayashi said a Digital Sydney website - www.digitalsydney.com - has been promoted virally through social media to encourage the digital and creative communities to participate.

 

"The website will highlight NSW strengths by profiling successful entrepreneurs, leaders, innovators and artists who have chosen this State as their base, promoting digital industry events, and serving as a platform to build new business collaborations across our creative and ICT sectors.

 

The Digital Sydney website includes an interactive map that geographically plots Sydney’s digital business hot-spots to raise awareness and encourage cluster investment.

 

A Digital Sydney showreel will showcase NSW digital strengths at local and international expos.

Mr Alan Bansemer, formerly the Western Australian Health Commissioner and deputy secretary to the Federal Department of Human Services and Health, has been appointed as the new chair of the Western Australian Technology and Industry Advisory Council (TIAC). 

The Western Australian Government has announced a series of state-wide forums on skilled migration to discuss the state’s burgeoning skill shortages in the mining sector.

The Western Australian State Government has called for applications for its $75 million Royalties for Regions scheme.

The Victorian Government has officially opened the Advanced Manufacturing Precinct at RMIT University which will to assist Victorian companies to develop sustainable products.

The Queensland State Government has announced that the state’s damage bill will top $6.8 billion after the spate of natural disasters that hit the state earlier in the year.

The New South Wales Government has scrapped its plan to reduce the solar rebate tariff after household and business stakeholders conducted a month-long campaign against the planned cuts.

Victorian Auditor-General, Des Pearson, has published a scathing review of the planned $2 billion Peninsula Link and Western Ring Road upgrades, questioning whether sufficient demand exists for their construction.

The New South Wales Minister for Local Government, Don Page, has outlined the state’s plan for local government reforms, including planned legislation to allow councils to conduct their own local government elections, rather than depend on the centralized NSW Electoral Commission.

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