South Australia / Government to axe 1750 public sector jobs over the next four years

SOUTH Australia has plunged deeper into the red with falling revenues forcing the state government to cut spending and slash jobs in the mid-year budget review.

The government will cut spending by $464 million and axe 1750 public sector jobs over the next four years as it copes with revenue write-downs of more than $3 billion over the past three years.

The deficit will blow out to $1.17 billion in 2012/13, up from the projected $867 million when the budget was delivered in May, as the government remains determined to push ahead with major infrastructure projects.

Treasurer Jack Snelling said Labor had taken steps to keep the budget in a sustainable position and could make no promises in relation to further job losses.

“I can’t guarantee that will be the end of the job cuts, because I can’t guarantee what will happen to our revenues,” he said.

Choosen excerpts by Job Market Monitor from

via SA government to slash spending and jobs | News.com.au.