6th Jun 2022

2022-23 State Budget highlights

Last week, the South Australian Government delivered the 2022-23 State Budget.

The Budget, which provides direction for government spending this financial year and beyond, includes several initiatives that affect small and family businesses.

At the centre of the Budget is a focus on economic recovery and delivering outcomes that benefit future generations. For businesses, this includes funding initiatives that support women in business, address skilled labour shortages, and support the live music industry.

See below for how some of the budget measures relate to small and family businesses in South Australia.

Visit statebudget.gov.au for more detailed information.

Boost tourism marketing - $45 million over four years to increase interstate and international marketing promoting South Australia as a visitor destination.
Major events fund - $40 million over four years to fund new events and grow existing owned and managed events.
Manufacturing innovation grants - $10 million over four years to boost the manufacturing industry.
Brand SA re-establishment - $6.2 million over four years to promote South Australian businesses and products in partnership with local retailers.
Invest SA - $4.2 million over four years to establish a unit selling our credentials nationally and internationally and assisting investors establishing in South Australia.
Women in small business - $4 million over four years to grow female-owned businesses, boosting our economy and supporting local entrepreneurs.
Local procurement - local jobs:
- $1 million over four years for the broad publication of government procurement opportunities three months in advance to enable local businesses to prepare for tender opportunities.
- $888,000 over four years for the Industry Advocate to assist local businesses to capitalise on opportunities from government procurement and become tender ready.

Individual support courses - $12.7 million over four years to fund the return of high demand courses offered by TAFE SA in the care industries and make them affordable for South Australians looking to pursue a career in these areas.
Skills and training system – additional investment - $11.9 million in 2022-23 to continue the state’s investment in successful initiatives and skills outcomes to individuals, businesses and industry, while the state progresses negotiations with the Australian Government on a new skills agreement.
Skill shortage funding - $8.8 million over four years to fund courses where industry has reported shortages in areas such as construction and hospitality trades.
JobTrainer - $6.7 million over two years to extend the National Partnership Agreement with the Commonwealth increasing low-fee training places through the JobTrainer Aged Care Boost to support the aged care workforce.
Upgrades to Mount Gambier TAFE SA campus - $5 million in 2023-24 to upgrade facilities and equipment to further increase the enrolment and retention of students in the region.
Adult and community education - $4 million over four years to the adult community education sector to deliver training in skills such as language, literacy, numeracy and computing to increase employability.
Tourism Industry Council of South Australia grants - $1.6 million over four years to provide industry capability training.
University Merger Commission - $1 million in 2022-23 to establish a Commission to advise the government on a university merger.
Five new technical colleges - $208.8 million over four years for five new technical colleges, including two in regional South Australia (Mount Gambier and Port Augusta).

Live music grants - $3.3 million over two years for vouchers and grants to get live music back into pubs, clubs, small bars, restaurants, cafes and other smaller venues. Additionally, grants are available for medium and larger scale music events and festivals.
Grants for minor works in venues - $1 million in 2022-23 to provide 200 grants of up to $5000 for venues to undertake minor upgrades to cater for live music and other performances.
Live Music Mental Health - Support Act - $250 000 in 2021-22 to provide a mental health support service to South Australian musicians, managers, crew and music workers dealing with issues brought on by work restrictions during the pandemic.

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State Budget 2024-25: Here’s what you need to know

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2022-23 State Budget highlights

2022-23 State Budget highlights

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