Small and medium businesses in South Australia will receive cash incentives for each new job created in the next two years, as part of the state government’s efforts to tackle unemployment across the state.
The 2016-17 South Australian budget, which was handed down by Treasurer Tom Koutsantonis on Thursday, includes two incentive schemes for small and medium businesses, in a package worth $109 million.
The Job Creation Grant scheme will pay employers $10,000 over two years for each new fulltime job created between July 1, 2016 and June 30, 2018.
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Eloise is an experienced business journalist and editor, who has held senior editorial roles at SmartCompany since 2014. Prior to joining SmartCompany, Eloise was news editor at Books+Publishing, the trade press for the Australian book industry. Eloise has degrees in media and communications, marketing and business management, and political science. You can follow her on LinkedIn, and Twitter at @ellykeating.
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