I don’t want Adelaide people to get too excited but jobs are coming back and that’s good news for a city that has done it hard for the last 18 months (some cruelly would say 40 years).
Retail is on the rise which is just in time for Christmas and biotechnology, defence (question mark on defence), space and energy projects are on the go.
The Marshall government won’t meet its promised year on year 3 per cent state economic growth — more than double the 10-year average — because it will probably be turfed out of office next year but that won’t stop jobs growth.
SA has good digital infrastructure and people are building and launching online businesses (like this one) and they’re not folding within 12 months either.
Last year four SA international trade offices opened, in China, Japan, Dubai and the US. It also has representatives in Kuala Lumpur, South Korea and India. If they got off their arses, trade, off the back of Brexit, would soar.
This is going to sound weird but right now you can rent city office space at less than one-third of Sydney’s and half of Melbourne’s.
There’s no payroll tax for wages less than $1.5m.
Whether this is enough to kick start the SA economy long term remains to be seen.
But for now, jobs are on the rise and that’s good news.
Time to get that resume professionally updated.