Treasurer's message

The 2026–27 Budget is a clear statement of intent from the Malinauskas Government. One that demonstrates our determination to deliver on the priorities South Australians overwhelmingly endorsed with real investment and real action.

We’re strengthening the foundations we laid in our first term by deepening investment in health, education, skills, housing, and infrastructure. These are the essentials of a productive, fair, and future focused economy, and we’re delivering them.

To accelerate growth, the budget includes a new $50 million Research and Development Productivity Fund, backing innovation, supporting future industries, and strengthening South Australia’s long-term competitiveness. Our government is determined not just to respond to economic change, but to shape it.

We’re also focused on cost of living relief for households. The budget delivers practical help where it counts, including free public education, a public transport fare freeze, and targeted support for renters and seniors.

Crucially, this is a fiscally responsible budget with $1.4 billion in projected surpluses. The government is containing future expenditure growth and has given a continuing commitment to no new taxes to provide businesses with the confidence they need to invest and grow.

This budget sets South Australia up for the future with strength, ambition, and optimism. It does so without surprises or detours. It is exactly what South Australians expect from a government that has been clear about its priorities and is getting on with the job.

Hon. Tom Koutsantonis MP
Treasurer

KEY BUDGET INDICATORS