Tag: Mike Rann

Dec 13

RAW: State Budget Mid Year Update – What Needs To Be Revealed

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.

Nov 06

RAW: This State’s Finances – The Real Rann Legacy = State Bank 2.0 – Part 2

In this is the second of our three part Special Kryztoff Investigation into the condition of this State’s Finances in the wake of the Rann / Foley Years, we look at the real state of this State Debts.

Oct 30

RAW: This State’s Finances – The Real Rann Legacy = State Bank 2.0 – Part 1

Here is the analysis of this State Government’s finances that our mainstream media does not want to report to you for fear of upsetting the Government. It makes for very scary reading, especially for all those who have presently bought into the notion this Labor Government has been good financial custodians. Part 1 of 3