News: News and Highlights
Slower economic growth predicted for 2019/20 and further interest rate cuts will not help
South Australian economic growth will be much slower in 2019/20 as a consequence of the slowdown in the national economy becoming entrenched and the global economy losing further momentum, according to the latest Economic Briefing Report from SACES.
Regional gaming machine data reveals a dormant gambling market, new highest spender
SACES today released its latest gambling database which provides regional data on electronic gaming machine (EGM) activity in hotels and clubs in South Australia. It reveals that EGM activity at the state level has been dormant but there have been some notable changes in relative expenditure at the regional level.
Global and national slow down affecting SA economy
In their latest Economic Briefing Report University of Adelaide economists from SACES are predicting that South Australia’s economic performance will continue to be affected by slowdowns round the country and overseas, as well as weakening employment growth and household spending.
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Recent trends in South Australian manufacturing
In this excerpt, taken from the Centre’s upcoming June Economic Briefing Report, we briefly review recent sectoral trends in employment for the manufacturing industry
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May 2019 Economic seminar and luncheon – rethinking strategies for growth
The South Australian Government has made a “promising” start to the micro-economic reform that will underpin economic growth, according to Steven Joyce, the author of a major report on the State’s public sector institutions and functions.
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New SACES fund boosts relevant research
The SA Centre for Economic Studies (SACES) will further strengthen its contribution to public policy development in South Australia with the establishment of the Independent Research Fund (IRF).
Economics survey points to bleaker times post-election
The Australian economy will remain healthy for long enough to enable the government to claim it as a strength in the lead-up to the May election, but the first Conversation Economic Survey points to a fairly flat outlook beyond that, with a 25% chance of a recession in the next two years.
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