Higher tax payments help SA to first post-COVID surplus

Peter Malinauskas says the surplus is the result of fiscal discipline and SA's strong economy. (Matt Turner/AAP PHOTOS)

Soaring tax receipts have helped South Australia achieve its first budget surplus since pre-COVID, despite growing operating expenses threatening the state's bottom line.

The government recorded a net operating balance of $41 million for 2022/23, Premier Peter Malinauskas announced on Monday.