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Invest in South Australia::

South Australia is a State of 1.6 million people, with most of the residents living along the coastline. Its capital city, Adelaide, is the fifth-largest city in Australia, with a population of 1.1 million. Adelaide has been rated among the world’s most liveable cities, with its relaxed lifestyle adding to the benefits of a strong and diverse economy, globally renowned education system, and safe, scenic natural environment.

 

Geographically diverse, the South Australian landscape ranges from rugged outback wilderness to scenic mountain ranges to a dramatic coastline and expansive beaches. The life-giving River Murray meanders through 683 km of South Australian farmland and natural wilderness.  South Australia is known as a wine and food centre, with 13 wine regions and a higher ratio of cafes and restaurants to residents than any other city in Australia.

 

Adelaide is an internationally recognised education centre and Australia’s “learning city”. Each year, thousands of students from around the world choose to enrol in its schools, vocational institutions and universities.

 

 

Brilliant blend of lifestyle opportunities

A 2008 survey by KPMG found Adelaide to be Australia’s most cost-competitive city for business and the third most cost-competitive in the world in its population bracket. In 2009, Adelaide remains the most affordable city in Australia and one of the most affordable cities in the Asia Pacific Region. South Australia enjoys a temperate climate with cool wet winters and hot dry summers, simultaneously offering a gateway to the outback and coastal living. Culturally rich, it enjoys a strong reputation for its many festivals and sporting events, as well as beaches and national parks.

South Australia’s population is growing at the highest annual rate since 1975, largely due to its appeal to overseas skilled migrants.

 

 

Invest in South Australia

 

Innovative economy

South Australia has an advanced manufacturing, technology and research base and is home to some of the world’s leading defence, food and wine, mining and energy, information and communications technology, bioscience and automotive companies.  The State’s triple-A credit rating from international ratings agencies Standard & Poor’s and Moody’s has been retained due to the State Government’s “low net debt, revenue growth and commitment to a prudent level of spending over the next two to three years”. South Australia’s businesses are the most innovative in the nation and they invest strongly in research and development.

 


Strong economic performance

According to the Department of Trade and Economic Development, South Australia's economic performance since 2000 demonstrated:

 

• Gross State Product is 22.7% higher (2007-08)
• Employment is 17.1% (116,300 persons) higher (May 2009)
• Business investment is 56.1% higher (year to March quarter 2009)
• State Final Demand is 39.0% higher (year to March quarter 2009)
• Merchandise exports are 47.6% higher (year to April 2009)

 

Despite the recent global financial crisis, most indicators of South Australian economic activity continue to show strength.

 

• Employment is at a record level: 796,100 in June 2009
• Unemployment is at a low rate: 5.5% in June 2009
• Labour force participation is at a near-record high: 63.6% in June 2009
• Housing construction in the March quarter 2009 was 2.1% lower than a year earlier - by comparison, the national decline was 24.7%
•Business investment reached $10.3 billion in the year to the March quarter 2009 - a record high.

 


Affordable lifestyle

Adelaide real estate is the most affordable among Australia’s mainland capital cities. The real estate market attracts international and national investors due to its affordability, reliability and stability.

The Economist Intelligence Unit's 2009 Liveability Survey 2009 rates Adelaide as one of the world's top dozen cities in which to live for its brilliant blend of lifestyle benefits.

South Australia has a temperate climate with cool wet winters and hot, dry summers. The average temperature in summer is 29 degrees Celsius and in winter is a mild 15 degrees Celsius. Outdoor sports, eating and events are easy to enjoy because of the weather, excellent facilities and easy accessibility.

It is a State of contrasts, with rugged outback wilderness, scenic mountain ranges, and an extensive coastline. Its natural landscape includes national parks, world heritage-listed areas and thousands of kilometres of walking and cycling trails to explore.

 


Investment Potential

South Australia’s economic performance in recent years has been strong. Its mining, defence, clean technology and education sectors are attracting international investment and attention, and add to the State’s long-standing expertise in advanced manufacturing, agriculture and health services.

South Australia possesses world-class mineral deposits, including almost 40 per cent of the world’s known recoverable uranium deposits. Mining and exploration are spread over much of the State with 11 mines in operation and 30 more in the planning and development stages.

BHP Billiton is proposing an expansion to its Olympic Dam copper, gold and uranium project that would create the world’s biggest mine in the State’s north.