The South Australian (SA) Labor government’s first State Budget will deliver cost of living relief to residents most in need as rising day-to-day expenses and high inflation continue to exert pressure.
However, the Opposition argues that the Budget doesn’t include enough relief for households.
Delivered on Thursday, the 2022-23 Budget will benefit pensioners and other Centrelink recipients, low-income earners, school parents, and those living in regional and remote areas of the state.
Among the measures is a $39.3 million (US$28.5 million) investment to more than double the Cost of Living Concession in the 2022-23 financial year, meaning eligible home owner-occupiers will receive a one-off payment of $449 compared to the previous $217, while eligible homeowner-occupiers who are also self-funded retirees will see their concession climb from $108 to $224….