Glimpse of life after Turnbull comes from South Australia
It's Labor party's testing ground to show how it can govern if it wins elections
Canberra
SOUTH Australia has always been a bit different: it's the driest state on the Earth's driest inhabited continent, the world's first place to let women stand for election and the nation's only settlement to exclude convicts.
Nowadays it's a testing ground for the opposition Labor party to show how it could govern if it wins the next national election. South Australian Premier Jay Weatherill has initiated a range of offbeat policies to stimulate an economy devastated by the demise of traditional manufacturing industries, from opening a nuclear waste dump to raising taxes on big banks to tasking Elon Musk with installing the world's largest renewable-energy battery.
Depending where one sits politically, Mr Weatherill is either trailblazing a path to the new economy or desperately throwing mud at a wall to see what sticks. His leftist Labor government oversees one of the nation's slowest-growing states saddled with Australia's highest unemployment. At the same time, it's now the top-ranked state fo…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
South Korea’s economic growth beats forecast as exports rise
China 2024 growth outlook raised to 4.8%, deflation risk lingers
Luxury sector outlook clouded by China’s slow recovery
‘We aren’t going anywhere’: TikTok CEO expects to defeat US restrictions
TikTok artists and advertisers to stay with app until ‘door slams shut’
Biden signs Ukraine aid, TikTok ban Bills after Republican battle