House of Assembly - Fifty-Second Parliament, Second Session (52-2)
2013-02-06 Daily Xml

Contents

NATIONAL ECONOMY FORECAST

Mr MARSHALL (Norwood—Leader of the Opposition) (14:41): My question is to the Premier. Why is South Australia's share of the national economy forecast to decline from 6.7 per cent in 2002 to 5.8 per cent under Labor's economic settings?

The Hon. J.W. WEATHERILL (Cheltenham—Premier, Treasurer, Minister for State Development, Minister for the Public Sector, Minister for the Arts) (14:42): It might be breaking news for the Leader of the Opposition, but there is such a thing as resource states within the Australian economy. They are growing at an extraordinary rate, which of course means that the balance of the economy in proportionate terms is reduced to a smaller proportion of the national economy. That is the simple answer to his question.