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AAP
AAP
Politics
Jacob Shteyman

Interest, cost blowouts threaten SA budget surplus

Peter Malinauskas Inflation Interest Rates South Australia Women and Children Hospital
Treasurer Stephen Mullighan says it is a challenging environment for South Australia's economy. (Matt Turner/AAP PHOTOS)

South Australia is at risk of missing out on a predicted budget surplus as rising interest rates and cost overruns on major infrastructure projects batter the state's bottom line.

The Malinauskas government in its June budget projected a return to an operating surplus of $250 million in 2023/24 after recording a $249 million deficit in 2022/23.

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