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Tom Koutsantonis

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No surprises but risks aplenty in Tom Koutsantonis's comeback budget

analysis No surprises but risks aplenty in Tom Koutsantonis's comeback budget Fri 5 Jun 2026 at 6:25am If a week's a long time in politics, nine years is an eternity. Yet some things haven't changed since Labor Treasurer Tom Koutsantonis last handed down a state budget in 2017. Back then, the Weatherill government was negotiating a support package for the Whyalla steelworks after the collapse of Arrium, putting up more than $50 million for a new owner.

ABC Australia 5d ago

Are you a winner or loser in this year's SA budget?

Here are the winners and losers Thu 4 Jun 2026 at 3:30pm South Australian Treasurer Tom Koutsantonis has unveiled the 2026–27 state budget. Mr Koutsantonis says the budget focuses on reducing costs for families and providing stability for business. With the state election held less than three months ago, there are few surprises and a lot of cash for promises, as state debt is projected to rise to more than $53 billion by 2029-30.

ABC Australia 6d ago

GST push to follow SA budget, treasurer says

GST push to follow SA budget, treasurer says — but opposition wants it spent on debt Fri 5 Jun 2026 at 6:19pm In short: Treasurer Tom Koutsantonis is pushing to secure SA's share of GST money, which will account for around 30 per cent of state revenue in the next financial year. The opposition says a recent GST "windfall" should be used to counter the state's debt, which is expected to hit $53 billion within the next few years. The federal government's "no worse off" guarantee to compensate...

ABC Australia 5d ago

Live: SA government hands down 2026 budget

live SA government hands down first budget since resounding election win Skip to timeline The SA government is about to hand down its first budget since winning the March election in a landslide. It's the first budget Tom Koutsantonis has delivered since he returned to the treasury portfolio last September. We will bring you all the updates as they unfold.

ABC Australia 6d ago

'Sick and tired': Northern Adelaide hospital nurses walk off job for 24 hours

Lyell McEwin Hospital nurses walk off job for 24 hours amid pay dispute Thu 4 Jun 2026 at 2:10pm In short: Nurses and midwives have walked off the job in a 24-hour strike at Lyell McEwin Hospital. The nursing union is seeking a 21 per cent pay increase over a three-year period. The strike will end at 7am on Friday, June 5.

ABC Australia 6d ago

SA public service faces cuts as state budget to be handed down

SA public service cuts, debt set to grow, as 2026–27 state budget to be handed down Wed 3 Jun 2026 at 1:27pm In short: About 1,000 full-time equivalent jobs in the South Australian public service will not be filled over the next 12 months. The opposition says more needs to be done to rein in debt.

ABC Australia 7d ago

'Bit of a gold rush' as companies search for underground hydrogen

Natural hydrogen potential like 'tripping over gold' Mon 1 Jun 2026 at 7:00am In short: Exploration for natural hydrogen is expanding across Australia, with South Australia seen as a potential world leader. The gas could be used as a zero emissions alternative to natural gas, or mixed with gas to reduce emissions.

ABC Australia 9d ago

'Very troubled project': Hospital cost blowout concerns treasurer

Treasurer worried about hospital cost blowout amid projected record debt Sat 6 Jun 2026 at 7:27am In short: The SA treasurer says he is "very worried" about escalating costs for the new Women's and Children's Hospital in Adelaide, but will not reveal an updated price tag for the project. The state government handed down the 2026–27 budget on Thursday, which revealed net debt is expected to blow out to more than $50 billion in 2029–30. The treasurer says state net debt will reduce once the...

ABC Australia 4d ago