This platform document seeks to stimulate public debate around the current and historic performance of the South Australian economy.
It highlights the need for change and potential policy interventions which might have a positive impact on South Australia’s economic future.
It benchmarks South Australia’s historic economic performance through analysing our state’s performance against that of other Australian jurisdictions across a number of key economic indicators. The paper then explores an ‘alternative high growth path’ future scenario, briefly outlining what the state could look like in the future if South Australia was to achieve the same share of Australian GDP as it did in 2002, over 15 years ago. Lastly, the paper discusses a range of policy levers that could be implemented to promote growth in the South Australian economy.