SA premier says budget will be a challenge

Written By Unknown on Selasa, 02 April 2013 | 13.23

SOUTH Australian Premier Jay Weatherill says he understands he won't be able to please everyone when he delivers his first budget as state treasurer in June.

Mr Weatherill said he was excited at the prospect of delivering a fiscally restrained budget at such a challenging time.

"That's life in politics," the premier told reporters on Tuesday.

"There are more demands than there are resources.

"So the question is how you meet the demands. It's always a question of making choices, trying to balance the public interest."

Mr Weatherill said the paradox with the SA budget was that while the state's economy was generally strong, the funds available to the government had been cut, through lower GST returns and property taxes.

"We have a strong economy, but our finances are under pressure because the parts of the economy that are doing it toughest are the parts where we raise our revenue," he said.

"So that's a challenge putting together a budget in a strong economy, but with revenues that are weak and community demands still high."

Mr Weatherill will deliver the SA budget on June 6.


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