Latest news /saces/ en Economy continues recovery despite trade chaos, but risks remain /saces/news/list/2025/07/23/economy-continues-recovery-despite-trade-chaos-but-risks-remain South Australia’s economy is expected to strengthen in 2025/26, despite facing a difficult trading environment overseas. Final spending in the State has picked up and the labour market is strong. A rebound in the upcoming winter grain crop – driven by more favourable seasonal conditions – an easing of cost of living pressures and stronger growth in the Australian economy will support South Australia in the year ahead.  However, there are two main risks to the economic outlook for South Australia: the potential for the United States to proceed with aggressive tariff increases which may provoke retaliatory measures from key trading partners, and the ongoing challenge of restoring stronger productivity growth across the Australian economy. These findings are outlined in the latest Economic Briefing Report from the SA Centre for Economic Studies. July 25 2025 Anthony Kosturjak /saces/news/list/2025/07/23/economy-continues-recovery-despite-trade-chaos-but-risks-remain Subdued growth for SA, while cost of living crisis eases /saces/news/list/2024/12/16/subdued-growth-for-sa-while-cost-of-living-crisis-eases South Australia's economy grew weakly in 2023/24 due to capacity constraints and subdued household spending, according to the latest SACES Economic Briefing Report from SACES. While the labour market remained resilient with low unemployment, households faced severe cost-of-living pressures, with real per capita disposable incomes declining for a second consecutive year. Looking ahead, a modest recovery in household spending and easing inflation are expected, but challenges like a smaller winter grain crop and global trade risks may dampen growth prospects. December 18 2024 Anthony Kosturjak /saces/news/list/2024/12/16/subdued-growth-for-sa-while-cost-of-living-crisis-eases SA’s labour force participation likely to worsen /saces/news/list/2024/07/14/sas-labour-force-participation-likely-to-worsen Current pressures on South Australia’s labour force and housing markets are likely to worsen over the next few decades due to the rapid ageing of the population, according to economists from the University of ÌÇÐÄvlog¹Ù꿉۪s SA Centre for Economic Studies (SACES). July 23 2024 Anthony Kosturjak /saces/news/list/2024/07/14/sas-labour-force-participation-likely-to-worsen Significant slowdown in economy amidst weak spending /saces/news/list/2024/07/02/significant-slowdown-in-economy-amidst-weak-spending The South Australian economy has lost momentum over the past six months with key economic indicators showing weaker trends, according to the latest Economic Briefing Report from the SA Centre for Economic Studies. July 4 2024 Anthony Kosturjak /saces/news/list/2024/07/02/significant-slowdown-in-economy-amidst-weak-spending Record decline in purchasing power for SA households /saces/news/list/2023/12/18/record-decline-in-purchasing-power-for-sa-households South Australian households have experienced an unprecedented decline in their purchasing power over the past year. In our latest Economic Briefing Report, SACES estimates that households’ gross disposable incomes on a real per capita basis fell by around 7 per cent in 2022/23. Consequently, households are finding it increasingly difficult to sustain their spending levels. This situation will continue to suppress household spending in 2024, which will lead to a slowdown in South Australia’s economic growth next year. December 19 2023 Anthony Kosturjak /saces/news/list/2023/12/18/record-decline-in-purchasing-power-for-sa-households Demography not policy may dictate which SA job sectors grow /saces/news/list/2023/11/27/demography-not-policy-may-dictate-which-sa-job-sectors-grow A new report from the SA Centre for Economic Studies suggests that South Australia’s healthcare sector may experience the biggest growth in employment in the state, in the near future. The demand for people in this sector will create problems for others sectors such as defence that will be competing for scarce skilled labour. November 29 2023 Anthony Kosturjak /saces/news/list/2023/11/27/demography-not-policy-may-dictate-which-sa-job-sectors-grow SA household spending loses momentum as cost-of-living weighs heavy /saces/news/list/2023/07/20/sa-household-spending-loses-momentum-as-cost-of-living-weighs-heavy Aggregate spending in South Australia has lost momentum over the past year as cost of living issues have weighed on household spending. Nonetheless, the State has enjoyed an especially strong recovery from the pandemic, and many areas of the economy are now operating at very high levels of capacity. These conclusions are contained in the latest Economic Briefing Report from the SA Centre for Economic Studies.  July 24 2023 Anthony Kosturjak /saces/news/list/2023/07/20/sa-household-spending-loses-momentum-as-cost-of-living-weighs-heavy SA economic growth to moderate as headwinds intensify and capacity constraints are reached /saces/news/list/2022/12/15/sa-economic-growth-to-moderate-as-headwinds-intensify-and-capacity-constraints The latest Economic Briefing Report from the SA Centre for Economic Studies concludes that the SA economy will continue to expand in the new year, but at a slower pace. After two years of rapid growth, the state economy is now operating at a very high level of capacity utilisation with unemployment at low levels. Tighter financial conditions, cost of living pressures and high energy prices are all expected to have a dampening influence on growth in 2023. December 16 2022 Anthony Kosturjak /saces/news/list/2022/12/15/sa-economic-growth-to-moderate-as-headwinds-intensify-and-capacity-constraints Mitigating work related financial disincentives faced by Age Pensioners can help address the skills shortage /saces/news/list/2022/08/31/mitigating-work-related-financial-disincentives-faced-by-age-pensioners-can Raising the labour force participation of Age Pensioners would help to address existing skills shortages within Australia. A new research paper from SACES examines a potential policy reform to address the current financial disincentive to participate in the labour force faced by those on the Aged Pension. August 31 2022 Anthony Kosturjak /saces/news/list/2022/08/31/mitigating-work-related-financial-disincentives-faced-by-age-pensioners-can SA economic recovery to continue despite cost of living crisis /saces/news/list/2022/06/29/sa-economic-recovery-to-continue-despite-cost-of-living-crisis South Australia’s economic recovery is set to continue despite inflation and rising interest rates putting increased strain on household budgets. But with household and public sector consumption expected to weaken, the State’s export performance will need to improve to compensate. These conclusions are contained in the latest Economic Briefing Report from the SA Centre for Economic Studies.  July 1 2022 Anthony Kosturjak /saces/news/list/2022/06/29/sa-economic-recovery-to-continue-despite-cost-of-living-crisis