SA leads the nation in defence industry growth
Stephen Mullighan MP Treasurer South Australia is leading the nation’s defence industry growth, with our state’s economic contribution up almost 30 per cent to $1.9 billion in 2023-24, according to latest data from the Australian Bureau of Statistics (ABS). This represents the strongest growth of all states, cementing South Australia’s reputation as the Defence State. ABS Australian Defence Industry Account data shows the gross value added (GVA) by South Australia’s defence industry in 2023-24, was up $425 million on the previous year. The number of people working in the state’s defence industry has also increased by 15 per cent, with ...