Shadow Treasurer
Shadow Minister for Energy and Mining; Small and Family Business; Industrial Relations and Public Sector
Office
Parliament House
North Terrace, Adelaide SA 5000
Contact
(08) 8237 9520
benhood.office@parliament.sa.gov.au
Ben Hood was elected to the South Australian Legislative Council in March 2023. He lives in Mount Gambier with his family and is a passionate advocate for regional South Australia, for smaller, less interventionist government and conservative values.
Authorised by B. Hood, Parliament House, North Terrace, Adelaide SA 5000
Yesterday the State Budget was handed down. The eye-watering headlines:
🚨 $53.7 billion of debt by 2030
🚨 $6 billion blowout on departmental budgets
🚨 $6 billion of extra revenue taken from you
🚨 $8.5 million for First Nation treaty and reparations not ruled out
🚨 $135 million Business Growth Fund scrapped
🚨 $600 million less for regional SA
🚨 No plan to pay down debt
This is what Labor has passed on for the next generation to inherit.
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Today, the State Budget was handed down, and Labor’s debt addiction continues.
State debt is now projected to hit $53.7 billion by 2030, with taxpayers footing an interest bill of $9.6 million every single day.
At the same time, government departments have racked up $6 billion in budget blowouts since Labor took office in 2022, including $1.289 billion this year alone. 27 out of 28 agencies overspent their budgets.
South Australians deserve better than a government that brings in more money, spends even more. This debt will be with you and your kids long after Peter Malinauskas retires from being CEO of the AFL.
South Australian’s deserve better than a government who takes, spends and wastes with no regard for who they take it from. ... See MoreSee Less
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🚨 South Australia’s debt is heading toward $50 billion by 2029 and Labor has no plan to repay it.
The interest bill alone is climbing toward $3 billion a year. Right now, that’s $5 million every single day — money that doesn’t fund a single nurse, teacher, or metre of road.
And these aren’t our numbers. They’re Labor’s.
See the debt clock tick in real time at SADebtAlarm.au ... See MoreSee Less
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Providing payroll tax relief will help South Australian businesses - and keep a lid on what they need to charge the customer.
The State government have pocketed $300m extra payroll tax revenue. We are calling on them to provide some relief to the ones who take the risk, employ people and keep our economy moving. ... See MoreSee Less
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