Friday, 11 August 2017 00:00

Fear and Greed

Member for Morphett, Dr Duncan McFetridge, has struck a deal with Premier Jay Weatherill that, if the $ 90 million bank tax is passed, then $100 million worth of remissions on the Emergency Services Levy will be put back in place.  This will benefit more than 500,000 households, 40,000 farms and 30,000 businesses.

It will be a $100 million injection into the economy to help struggling families, farmers and businesses cope with the highest electricity prices in the world.  It will still allow the $200 million jobs package to go ahead to help reduce the highest unemployment in the nation.

Thursday, 10 August 2017 00:00

2018 Morphett Electoral Boundaries


For the next State Election on 17 March 2018, Morphett will take in the suburbs of Novar Gardens, Camden Park, Plympton Park, Park Holme and the portion of Plympton on the western side of Marion Road, as well as the remainder of Somerton Park north of Oaklands Road which is currently in Bright. The new boundaries will take effect from the issuing of the writs, expected to be early 2018.

Monday, 31 July 2017 00:00

STATE BANK TAX

This year’s budget introduced a state tax on the big banks.  The SA Labor government hopes to raise $370 million over four years from ANZ, Westpac, Commonwealth, NAB, and Macquarie banks under the proposed bank tax which is currently before Parliament.  We need to look at this a bit closer.


The big banks are doing very, very nicely at the moment, and that is a good thing. Two of the sayings I always ran in my business were, 'Turnover is vanity; profit is sanity.' If you are making a profit, you are staying in business. You can build your business, you can employ people, you can take on extra people and you can expand your business. You can spend that money in other businesses.

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