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AAP
AAP
Business
Abe Maddison

MYSTERIOUS: Budget is cooked debt pressure bites into spending | Mind Blowing Facts

SA's Peter Malinauskas and Treasurer Tom Koutsantonis deny rising debt will escalate too far. (Michael Errey/AAP PHOTOS)

A state's debt burden will soar past $53 billion by 2030 but its treasurer insists budget surpluses and fiscal discipline will help steer it clear of a spiral into financial ruin.

Handing down the South Australian state budget on Thursday, Treasurer Tom Koutsantonis said it would provide certainty for business and relief for families.

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