The 2018-19 State Budget (2018-19 Budget) was tabled in Parliament in September 2018. It is the first Budget for the new SA Government following its election in March 2018. The 2017-18 estimated result in the 2018-19 Budget reflects the activities of the previous SA Government from July 2017 to March 2018, and the new SA Government from March 2018 onwards.
This report provides our observations on the State’s public finances based on our review of the 2018-19 Budget and the December 2018 mid-year budget review, in particular:
an overview of key matters currently relevant to the State’s public finances
an analysis of the State’s financial performance. This primarily involves examining the results for the past year and the Budget and forward projections included in the Budget Papers
a review of the State’s financial position, including analysis of major assets and liabilities.