Tag: SA State Debts

Nov 15

RAW: This State’s Finances – The Real Rann Legacy = State Bank 2.0 – Part 3

Can we expect new Treasurer Snelling to have the smarts to fix this mess? Recently he stated, “$4.2 billion is not a lot of money. It is like the average person having a $26,000 debt.’”Well, if his credit card analogy and his views of $4.2 billion don’t worry you, then his $26,000 figure should. He got his maths wrong by a factor of 10!

Nov 06

RAW: This State’s Finances – The Real Rann Legacy = State Bank 2.0 – Part 2

In this is the second of our three part Special Kryztoff Investigation into the condition of this State’s Finances in the wake of the Rann / Foley Years, we look at the real state of this State Debts.