Vision:
A strong, sustainable economy that builds on our strengths.

Goal:
South Australia has a resilient, innovative economy.

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Primary Targets

34. Credit rating

Maintain AAA credit rating

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35. Economic growth

Exceed the national economic growth rate over the period to 2020

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36. Labour productivity

Exceed Australia's average labour productivity growth rate through to 2020

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37. Total exports

Increase the value of South Australia's export income to $25 billion by 2020

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38. Business investment

Exceed Australia’s ratio of business investment as a percentage of the economy by 2014 and maintain thereafter

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Related Targets

4. Tourism Industry

Increase visitor expenditure in South Australia’s total tourism industry to $8 billion and on Kangaroo Island to $180 million by 2020Milestone of $6.3 billion (total industry) by 2014

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7. Affordable housing

South Australia leads the nation over the period to 2020 in the proportion of homes sold or built that are affordable by low and moderate income households

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21. Greater safety at work

Achieve a 40% reduction in injury by 2012 and a further 50% reduction by 2022

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39. Competitive business climate

Maintain Adelaide’s rating as the least costly place to set up and do business in Australia and continue to improve our position internationally

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40. Food industry

Grow the contribution made by the South Australian food industry to $20 billion by 2020

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45. Total population

Increase South Australia’s population to 2 million by 2027

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64. Renewable energy

Support the development of renewable energy so that it comprises 33% of the state's electricity production by 2020(Milestone of 20% by 2014)

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65. GreenPower

Purchase renewable energy for 50% of the Government's own electricity needs by 2014

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90. Share of overseas students

Increase the number of overseas students across all education and training sectors from 13 737 in 2003 to 45 000 by 2014

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92. Science, technology, engineering and mathematics qualifications

Increase the number of domestic students completing undergraduate qualifications in specified science, technology, engineering and mathematics fields of education by 15 percentage points to 3 600 students per annum by 2020

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93. Tertiary education and training

Increase the proportion of South Australians aged 15 - 64 participating in tertiary education and training to 17% by 2016

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94. Venture capital

Achieve a cumulative total of 100 private equity investments into South Australian companies between 2011 and 2020

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98. Business research expenditure

Increase business expenditure on research and development to 1.5% of GSP by 2014, and increase to 2.0% by 2020

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100. Screen industry

Increase South Australia’s share of Australian film and screen production to 6% by 2020

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