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AAP
AAP
Business
Tim Dornin

EXPLAINED: Higher tax returns to bolster sa budget | Rare Historical Photos

SA Treasurer Stephen Mullighan says the state's finances will be back in the black in 2022/23. (Kelly Barnes/AAP PHOTOS) (AAP)

The South Australian budget will return to surplus on schedule thanks to a big jump in GST returns, the strong property market and higher gambling taxes.

Treasurer Stephen Mullighan says the state will get an extra $419 million in GST during the current financial year, and an estimated $1.7 billion more across the forward estimates.

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