With Treasurer Kevin Foley set to deliver the State Budget next month, speculation is growing as to where the axe will fall. The State Government has already committed to cutting 1600 public servants over three years and there are increasing concerns that the Sustainable Budget Committee will resort to further cuts to meet its three-year $750 million savings target. In an article about the cuts in The Advertiser's SA Business Monthly, John Spoehr comments that there is no fiscal basis to proceed with the cuts. He argues "no job cuts are warranted this year, especially given the sector's rapidly-ageing profile, and says the sector would suffer from redundancies now, which would then leave it with a future skills shortage".
Read the article 'Foley's Cuts: The Killer or Cure' by Maria Moscaritolo, & Russell Emmerson.