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Speaker 1: State budget today, and we know a bit about it already.

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Speaker 1: Alan Murrell's been I don't know how many you've been

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Speaker 1: to allan from ten years, but you'd being well and

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Speaker 1: truly one of the most longest serving journals at budget lockups.

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Speaker 2: Good morning, Matthew. Yeah, I think that's probably about right,

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Speaker 2: but it's somewhere probably in the mid to high twenties,

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Speaker 2: possibly thirty. But goods, I never started keeping counter, so

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Speaker 2: you get depressed if you do. Yeah, yeah, exactly right, Yeah.

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Speaker 1: All right, what do we know so far? And there's

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Speaker 1: been quite a few. Has it been more announcements than usual?

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Speaker 1: It almost feels that way.

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Speaker 2: I think there's been more later this time around. I

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Speaker 2: think usually they're spread over a greater period of time,

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Speaker 2: but there's been probably there's been one every day basically

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Speaker 2: for the past week and a half. So they've been

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Speaker 2: fairly consistent over the past week and a half. And

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Speaker 2: you get the usual sort of spending extra money on hospitals.

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Speaker 2: There's a fair bit of money this time around for

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Speaker 2: that very preschool for three year old, so there's quite

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Speaker 2: a big education announcement. There's been money for police, there's

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Speaker 2: been money for prisons. There's still some things we're waiting

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Speaker 2: to drop though, and there's some of the I suppose

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Speaker 2: some of the big questions that that people ask about

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Speaker 2: rather than the big picture stuff is you know, I

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Speaker 2: suppose everybody asks what's in it for me? And the

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Speaker 2: cost of living has been the big question and I

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Speaker 2: think that's been asked nearly every single day and we

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Speaker 2: haven't quite had the answer yet. We suspect that today

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Speaker 2: would be the day that we get the answer to

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Speaker 2: that particular piece of it.

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Speaker 1: What do you reckon that'll be though? Is it more

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Speaker 1: of say, electricity bills as we've seen in the past.

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Speaker 1: Is it public transport being reduced that the Treasurer is

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Speaker 1: favorable to that idea in discussions and interviews we've had,

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Speaker 1: so yeah, I just wonder what form that will take.

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Speaker 2: Yeah, it's interesting. I don't think we're going to see

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Speaker 2: fifty cent pairs like Queensland. The Premier has been quite clear,

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Speaker 2: although they haven't actually spelled on what they're going to do,

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Speaker 2: they've been quite clear that that make no apologies for

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Speaker 2: targeting South Australians who need it the most. And I

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Speaker 2: think that's usually means code for people on state concessions,

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Speaker 2: which is still quite a few people. I think you're

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Speaker 2: looking at four hundred and forty thousand South Australians on concession,

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Speaker 2: so I would expect whatever relief it is will be

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Speaker 2: headed in that direction. And because energy costs are one

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Speaker 2: of those things that affect people the most, there's three

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Speaker 2: hundred dollars coming from the federal government this time around.

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Speaker 2: We haven't heard what the state end of the equation

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Speaker 2: is on that end, so perhaps electricity, perhaps there's some

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Speaker 2: relief in some other areas.

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Speaker 1: There's some big spending to happen, as we know obviously

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Speaker 1: the South Road project and the Women's and Children's Hospital,

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Speaker 1: particularly where two for that. Because that money has to

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Speaker 1: be found, I guess that just increases debt Ultimately.

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Speaker 2: Yeah, debt will increase steadily over time. I think last

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Speaker 2: time around we're looking towards about thirty eight billion as

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Speaker 2: a debt level. We'll get a firm figure on that today.

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Speaker 2: As those projects come in and say, as you say,

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Speaker 2: the Women's and Children's North South, a lot of that

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Speaker 2: sort of still passed the forward estimates that the question

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Speaker 2: I suppose always is how much debt can you handle?

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Speaker 2: So they're still they're still raking in extra money from

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Speaker 2: property taxes and GST. So I suppose there's the income

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Speaker 2: to pay for the other parts of the budget in time,

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Speaker 2: and that then shields the debt, you know, further off

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Speaker 2: in time. But you know it needs to be within

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Speaker 2: reasonable limits otherwise you wind up like Victoria where you

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Speaker 2: have to start canceling projects.

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Speaker 1: Yeah, well that's right. Have we got a Commonwealth games

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Speaker 1: so that we can cancel I.

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Speaker 2: Don't think it's exactly right.

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Speaker 1: Yeah, indeed, all right, allan, so, so lots to come

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Speaker 1: out of it. I asked the Treasurer the other day

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Speaker 1: how he described the budget. He wanted to keep his

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Speaker 1: powder drive for today, so he said it definitely wouldn't

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Speaker 1: be a budget walking down the street in a sexy

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Speaker 1: red dress. Can we need to get that one?

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Speaker 2: Yeah? We can thank Tom flintstantonas for that analogy, which

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Speaker 2: has led to everybody being asked for analogies every year

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Speaker 2: since you've had tradees in fluro and sensible people in

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Speaker 2: sensible suits. I think there's a lot of money going

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Speaker 2: to be spent on health this time around, because you know,

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Speaker 2: the hospitals are overcrowded. There is a crisis that's going

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Speaker 2: to reach record levels. It's a thurdive state budget, so

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Speaker 2: that's where it comes from. The government has been talking

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Speaker 2: a lot about housing, so there have been quite a

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Speaker 2: number of housing announcements in this lead up pre budget time.

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Speaker 2: I think they will seek to frame the budget as

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Speaker 2: you know, providing housing and skills, because the other half

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Speaker 2: of all of this discussion about these projects and these

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Speaker 2: initiatives housing and freeways and so on is finding the

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Speaker 2: people to actually do it. So you know, you need

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Speaker 2: extra doctors and nurses, you need extra people to build

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Speaker 2: the houses, and need people for the Orchest project down

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Speaker 2: the track. They've already to be found somewhere. They're going

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Speaker 2: to be trained, and I think there's going to be

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Speaker 2: a theme of we need the houses, we need the

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Speaker 2: training for these for these landmark projects and these big

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Speaker 2: picture projects, and housing of course is one of those

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Speaker 2: things where these people all have to live. So that's

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Speaker 2: I think that will wind up being a sort of

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Speaker 2: central theme of the day.

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Speaker 1: Yeah. I suspect you're right. Although there's been a lot

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Speaker 1: of announcements, hasn't there on parcels of land becoming available

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Speaker 1: for housing, and yet nothing seems to happen on those

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Speaker 1: parcels for a considerable period.

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Speaker 2: The opposition has been critical that there's been a lot

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Speaker 2: of talk about housing projects and the one out of Seaton,

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Speaker 2: for example, has been taking quite some years and there's

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Speaker 2: still only the first twenty eight houses coming on, so

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Speaker 2: and it will take time to build these houses, and

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Speaker 2: you need to find the people to build the houses,

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Speaker 2: so it will take some time for these changes to

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Speaker 2: flow through. But I suppose you have to start somewhere.

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Speaker 1: Yeah. Indeed, Alan appreciate the update.

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Speaker 2: Thank you, no drama, thanks Matt.

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Speaker 1: It