Get all your news in one place.
100's of premium titles.
One app.
Start reading
AAP
AAP
Abe Maddison

'Not a lot': treasurer defends $53 billion debt burden

Tom Koutsantonis says SA is carrying "moderate levels of debt" compared to the rest of the country. (Michael Errey/AAP PHOTOS)

Calls for tolls on a costly major road project have been rejected by a state treasurer facing more than $50 billion in debt, saying the projected figure is "not a lot".

A day after he delivered South Australia's state budget, Treasurer Tom Koutsantonis dismissed opposition criticism of forecasts that showed state net debt would reach $53.6 billion by mid-2030.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.