South Australia’s trade continues to slump

Latest data shows South Australia’s tourism numbers are slumping as the Marshall Liberal Government plans another round of deep cuts to the South Australian Tourism Commission’s budget.

ZOE BETTISON MP

Shadow Minister for Trade, Tourism and Investment

 

Wednesday 3 April 2019

 

South Australia’s trade continues to slump

South Australia’s international trade performance has continued to underperform with the State’s average national share of exports well below the levels at the last State Election.

According to Australian Bureau of Statistics the State’s average monthly national share of exports was 3.45 per cent over the first 12 months of the Marshall Government, compared to an average 4.4 per cent in 2014-18. 

If the trend continues, it will amount to a reduction of half a billion dollars over the term of this government.

Early last year, Premier Marshall promised to lift South Australia’s share to above four percent and push it towards seven per cent.

The Liberal trade strategy is failing.

The Joyce Review, published by the Marshall Liberal Government in February this year, recommended the Government not pursue their suite of stand-alone trade offices around the world and instead embed people in Austrade offices.

 

Quotes attributable to Shadow Trade Minister Zoe Bettison

Under Minister Ridgway’s watch South Australia’s trade has reached a 30-year low share of national share of exports.  

The gap between the Government’s trade goals and reality is getting bigger.

The Government needs to stop shuffling the deck chairs with reviews and committees and get on with the job of growing our exports.

 

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