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Industry News, Latest News, Projects, South Australia

SA releases $350M stimulus package to support local projects

The South Australian Government has released details of its record $12.9 billion infrastructure package that is expected to create around 80,000 construction jobs.

The South Australian Government will fast track local projects as part of a $350 million stimulus package to support jobs and businesses.

In addition, the State Government has doubled the Planning and Development Fund for 2020 to $50 million, which will match local government contributions on a 50:50 basis.

The current grant round has been extended until 9 April to give councils more time to submit projects for funding.

Premier Steven Marshall said the government is acting swiftly and decisively by immediately implementing a $350 million stimulus package aimed at safeguarding the economy and protecting jobs.

“We are a team with a strong plan in place and our actions to date should fill the community with confidence, knowing they have a government willing to do whatever it takes to manage these challenges,” he said.

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“We will work with councils to deliver $50 million of local shovel ready projects that will support local jobs and local businesses.”

SA Infrastructure Minister Stephan Knoll said the State Government is writing to all councils, urging them to submit projects.

“We are calling on all councils right across South Australia to come forward with local projects that are shovel ready and can get off the ground in the coming months,” he said.

“This is a real opportunity to turbo charge access to quality public spaces and create new green open space within out city and regional towns.”

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