Overview

South Australia offers flexibility, adaptability and a better bottom line.

Our state provides a highly attractive, profitable location for financial and related business services operations thanks to our skilled labour pool, our status as one of the world’s most liveable cities and our competitive office and labour prices.

South Australia has proven expertise across a number of financial services functions, including banking and deposit-taking entities, funds management, insurance and general financial management.

Within the sophisticated Australian financial ecosystem, our state offers a skilled workforce of more than 22,000 in finance and related business services with greater efficiency in a more affordable, flexible and accessible CBD.

 

In South Australia, you’ll find:

  • An efficient, low-risk gateway to Asia Pacific region
  • Skilled and accessible labour pool at competitive rates compared to other capital cities (9% cheaper that New South Wales)
    Source: ABS 6302.0 Average Weekly Earnings, November 2017
  • South Australia offers savings of up to 60% in office spaces relative to Sydney
    Source: CBRE Research June 2017 Global Prime Office Occupancy Costs
  • One of the lowest taxing states with A$670m reduction over next 4 years and removal of stamp duty
  • 102,000 students (including 26,000 international students) enrolled at South Australia’s highly regarded universities and higher education institutions
  • A national financial system underpinned by a comprehensive national superannuation scheme and world’s best practice regulation; and
  • Superannuation funds are part of a national pool of funds valued at approximately AUD 3.4 trillion of managed funds. Source: ABS 5655.0 December 2017.

Download a copy of our Financial and business services sector brochure

Contact:

Mario Pegoli
Ph: +61 8 8303 2345
Mobile: +61 437 791 007
Email: mario.pegoli@sa.gov.au

Key Downloads

  • Financial and Business Services in South Australia
    PDF - 3 MB
    Download
  • KPMG Competitive Alternatives Report: 2016 edition
    PDF - 5 MB
    Download
  • South Australian Economic Indicators
    PDF - 5 MB
    Download

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