SA Business Journal: Federal Budget - more spending, inflation pressure | State economy boost | Local gaming giant chops staff

Email Treasurer Jim Chalmers will hand down a $9.3bn surplus, but economists are warning Labor’s budget is set to cause homeowners more pain. Here’s why.

View in browser 14th May 2024

SA Business Journal Beware of Jimflation: Fears budget sweeteners will keep rates high Treasurer Jim Chalmers will hand down a $9.3bn surplus, but economists are warning Labor’s budget is set to cause homeowners more pain. Here’s why. READ MORE   McCrann: Dodgy forecasts the only certainty on budget night The one thing you can say with absolute certainty about every budget is that every forecast in it will be wrong — so take claims about controlling inflation with a pinch of salt. READ MORE   The key signs that show SA is on the move A new report is painting a rosy picture for South Australia’s economy on several fronts, fuelling a hiring spree in some industries. READ MORE   The dire shortage that Adelaide desperately needs to fix South Australia’s international education market has returned to pre-pandemic levels but one dire shortage means we risk failing to capitalise on the surge. READ MORE   Nova Systems CEO lured home by new challenge Former army officer Dean Rosenfield has taken the reins at South Australian defence contractor Nova Systems, with the opportunity to put to use his decades of global experience. READ MORE   Small bars in fight for life as young Adelaideans stay home Spending in Adelaide’s small bars and clubs is in rapid decline as data shows Gen Z is chosing to party less often. Are you drinking less? Take our poll. READ MORE   SA gaming giant’s touching move as it sacks staff SA’s top game developer has cut its workforce by nearly 30 per cent – but has done something unusual on social media to try to help their sacked staff. READ MORE   ASX 200 down before budget; GUD jumps Relief over outlook boosts GUD. Quiet trading ahead of tonight's federal budget and US producer prices data. BHP 'disappointed' over Anglo rebuff. IFM firms up Atlas Arteria holdin... READ MORE   How museums can STEM the tide of students shunning science A shortage of engineers and hi-tech workers is looming as student interest in STEM wanes, but a new book proposes a bold approach that could reverse the trend. READ MORE   ‘Not a supermarket’: Bunnings boss resists Senate call Bunnings will resist a Senate inquiry recommendation that it be placed under the same regulatory oversight as the nation’s leading supermarkets. READ MORE   Newsletters Today's Paper +Rewards Want to change how you receive these emails? Manage your newsletter preferences or unsubscribe from this newsletter. Sent by The Advertiser, GPO Box 339, Adelaide SA 5001, Australia.