South Australia's Strategic Plan is comprised of 100 targets. These targets are specific and measurable and enable us to measure our progress towards achieving the Plan's visions and goals.
Each target is reported on through this section of the website. Data has been updated as at December 2017.
Target:38. Business investment:
Exceed Australia’s ratio of business investment as a percentage of the economy by 2014 and maintain thereafter
In 2016-17, private new capital expenditure as a proportion of Gross State Product (GSP) in South Australia was 5.1 per cent. This is just lower than the 2002-03 baseline figure of 5.4 per cent. In comparison, the national level has grown from 5.1 per cent in 2002-03 to 6.8 per cent in 2016-17.
Between 2015-16 and 2016-17, South Australia recorded a fall in the ratio of business investment of around 3 per cent, while the same fall at the national level was more severe at around 13 per cent.
Department of State Development