Vision:
A strong, sustainable economy that builds on our strengths.
Goal:
South Australia has a resilient, innovative economy.
Primary Targets
35. Economic growth
Exceed the national economic growth rate over the period to 2020
36. Labour productivity
Exceed Australia's average labour productivity growth rate through to 2020
37. Total exports
Increase the value of South Australia's export income to $25 billion by 2020
38. Business investment
Exceed Australia’s ratio of business investment as a percentage of the economy by 2014 and maintain thereafter
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 2020 Milestone of $6.3 billion (total industry) by 2014
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
21. Greater safety at work
Achieve a 40% reduction in injury by 2012 and a further 50% reduction by 2022
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
40. Food industry
Grow the contribution made by the South Australian food industry to $20 billion by 2020
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)
65. GreenPower
Purchase renewable energy for 50% of the Government's own electricity needs by 2014
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
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
93. Tertiary education and training
Increase the proportion of South Australians aged 15 - 64 participating in tertiary education and training to 17% by 2016
94. Venture capital
Achieve a cumulative total of 100 private equity investments into South Australian companies between 2011 and 2020
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
100. Screen industry
Increase South Australia’s share of Australian film and screen production to 6% by 2020
