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Liberals express concern at lack of work undertaken by Economic and Finance Committee

The State Liberals have expressed concern at the lack of work currently being undertaken by Parliament’s Economic and Finance Committee, given the poor state of the South Australian economy.

The Economic and Finance Committee was appointed by Parliament to inquire into matters concerned with finance and economic development.

A Committee meeting was to be held this week, but was cancelled and rescheduled for 7 May.

“At a time when South Australia is facing some serious economic challenges, it is unacceptable that the Committee will not meet for six weeks,” said Committee Member David Pisoni.

“South Australia has the highest unemployment rate of any state in the nation, mining jobs are disappearing by the thousands and Holden will soon stop manufacturing cars at Elizabeth.

“Our regional population growth has only increased by just over 20,000 people since 2004, at half the rate of the rest of the state. “South Australia also recorded the largest fall in newspaper job advertisements of all states and territories in Australia during the last 12 months with a 60.9 per cent decline.

“Given the poor state of our economy at the moment, this Committee should be meeting regularly to investigate any potential economic opportunities for our State.

“Last month, the State Liberals also called for the Port Pirie Transformation Project Steering Committee to appear at State Parliament’s Economic and Finance Committee to allow scrutiny over the alleged $200 million cost blowout in the Nyrstar upgrade.

“The State Liberals would also like this important issue to be discussed and considered by the Committee.”