OVER $650 million

TO SUPPORT OUR ECONOMY

DROUGHT LOAN SCHEME

$200 million for low-interest loans to support drought affected grain and livestock farmers in South Australia’s Murray Mallee, Riverland and Upper North regions through access to urgent financial assistance of up to $250 000. Applications will be open until 31 December 2026.

PROJECT 250 WINE PROGRAM

$800 000 over four years to extend and expand the Project 250 wine program from $250 000 per annum to $450 000 per annum, supporting regions to address current supply challenges and enhance the competitiveness, prosperity, and sustainability of South Australia’s wine industry.

RESEARCH AND DEVELOPMENT PRODUCTIVITY FUND

$50 million

OVER FOUR YEARS

to increase the scale and impact of research activity in South Australia. The initiative will support high-impact programs, strengthen collaboration between universities, industry and government, and accelerate commercialisation. It aims to attract talent and investment, enhance productivity and drive economic growth through innovation, creating skilled jobs and improving long-term competitiveness.

DIGITAL INVESTMENT FUND – ADDITIONAL FUNDING

$50 million in 2029-30 to increase capacity in the Digital Investment Fund to support new public sector efficiency initiatives, bringing the total amount for investment in government digital initiatives to $376.5 million.

AUKUS PLANNING AND BUSINESS CASE

$15 million over two years to deliver a business case and the necessary planning and design for transport infrastructure solutions to enable access to the Lefevre Peninsula for the expected increase in workforce required at the Osborne Naval Defence precinct. Funded in partnership with the Commonwealth Government.

PLAN FOR ACCELERATING EXPLORATION (PACE) PARTNERSHIPS

$12.4 million over four years to accelerate minerals exploration, recognising the importance of the mineral resources industry in South Australia’s next chapter of mineral exploration and discovery.

SA GAS AND WATER TRUST

$2 million over two years towards the planning and establishment costs of the new SA Gas and Water Trust.

RED TAPE REDUCTION

The South Australian Productivity Commission will undertake a ‘red tape reduction’ review to identify and consider opportunities to reduce regulatory burden, streamline business dealings with government, unlock investment and lower costs for business. The process will be informed by consultation with industry.

WHYALLA STEELWORKS SUPPORT FUNDING

$319 million

OVER TWO YEARS

to continue to support the sale of the steelworks by funding its operations during administration.

WHYALLA TRANSFORMATION, STEEL TASKFORCE AND TURBINE DIVESTMENT

$6.5 million over two years to provide funding for a range of measures, including:

  • $3.3 million in 2026-27 to continue the Whyalla Steelworks Industrial Transformation Unit which will support the transition of the steelworks to a sustainable and modern steelmaking capability
  • $1.6 million in 2026-27 to enable the Steel Taskforce to continue for the duration of 2026-27, including for expert advisors supporting the Taskforce.

SOUTH AUSTRALIAN STRATEGIC GAS RESERVE

The government has secured a long-term domestic gas supply agreement with Santos, ensuring gas currently sold overseas will instead be used in South Australia to help underpin the transformation of the Whyalla steelworks.

The South Australian Strategic Gas Reserve will see Santos supply 20 petajoules of gas each year for 10 years from 2030.