We project the State Budget loss for this year will go from $263m to $400m. Going out to 2014, the result will go from a $655m surplus to at best break even. On all of the State’s financial liabilities, these should increase by $1b in debt by end of 2014 and the unfunded State Super liability will increase by $1.4 billion. All up total State liabilities will increase from the projected $19.5b to around $22b.
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Nov 21
RAW: Justice at Summadayze – 31 Dec – Adelaide
We can officially declare that ‘justice has been done’ to the unique and dazzling Summadayze 2012 line-up!
The last time Australian fans were treated to Justice’s epic performance was in 2007, where the powerhouse duo succeeded in whipping the crowds into a frenzy and truly established them as an act not to be missed.
Sep 02
RAW: SANFL – The Gravy Trains That Keeps Chugging Along
When one looks at the SANFL cash flow statement over the past five years, the net cash generated from its operations has declined from $6.26m to -$0.618m, a turnaround of $6.8m. With further declines in crowds and events, one can only imagine this year’s results will be yet worse. So what has the SANFL done about it? Complain mostly it seems.
Aug 30
RAW: OzAsia Festival Preview – Win Tix
Japan is the country of focus for this year’s 5th OzAsia Festival kicking off this Friday evening. Three shows come complete from there, three are Australian-Japanese collaborations and there is also a Japanese festival of 10 films as part of the overall on-screen program. Shugo Tokumaru (9th and 10th Sept) is a gifted songwriter and …
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