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AAP
AAP
Abe Maddison

THE TRUTH ABOUT: Hot property market helps boost state s budget surplus | History Defined

Revenue from higher property prices is helping to bolster the SA government's bottom line. (Dave Hunt/AAP PHOTOS)

Stronger revenues from the property market and a buoyant economy have helped the South Australian government deliver a better-than-expected budget surplus.

Treasurer Stephen Mullighan said the 2023/24 surplus of $413 million was $107 million higher than projected in the June budget, setting the scene for further surpluses in the next four years.

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