South Australia has not had all its eggs in the one basket (case) …

SOUTH AUSTRALIA has not relied so much on Housing and Tourism which are now the hardest hit by the Pandemic.

AUSTRALIA’s GDP increase for 2018-19 of 2.89% but South Australia’s annual growth was only 1.34% however this could be why this State’s recovery may well be more immediate.

The Nation’s economic growth  … at the expense of a Whole Cohort of Australians esp. Our Youth  … was due to:

-high population growth through immigration and visa manipulation

-our industry going ‘offshore’ for China’s ‘cheap’ manufacturing

-the sell-off of our domestic housing to those from overseas with ‘hot money’ to burn

Unlike Victoria and NSW South Australia derived less ‘so-called’ advantage from these factors

Nor will South Australia have to climb out of this hole to the same extent

READ MORE!

https://www.abc.net.au/news/2020-05-07/why-sa-could-win-race-to-covid-19-recovery/12220644

South Australia could turn what some regard as weaknesses into strengths, experts say.(ABC News: Chris Moon)