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AAP
AAP
Abe Maddison

Budget tightrope: balancing debt, cost of living relief

Tom Koutsantonis conceded SA's debt will grow more than $48b predicted in the mid-year budget review (Morgan Sette/AAP PHOTOS)

A state government is walking a budget tightrope as it grapples with the need to deliver cost of living relief while managing a bottom line saddled with growing debt.

South Australian Treasurer Tom Koutsantonis will deliver his fifth budget on Thursday, marking his first since 2017 when state net debt stood at $6.1 billion.

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