{"id":88469,"date":"2026-09-05T03:08:25","date_gmt":"2026-09-05T03:08:25","guid":{"rendered":"https:\/\/www.europesays.com\/australia\/88469\/"},"modified":"2026-09-05T03:08:25","modified_gmt":"2026-09-05T03:08:25","slug":"adelaide-motogp-ambition-behind-peter-malinauskas-parklands-axing-paul-starick","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/australia\/88469\/","title":{"rendered":"Adelaide MotoGP: Ambition behind Peter Malinauskas parklands axing, Paul Starick"},"content":{"rendered":"

Premier Peter Malinauskas wants to axe hundreds of parklands trees for a MotoGP circuit to demonstrate ambition, promote vibrancy and attract young people to live in South Australia.<\/p>\n

Unveiling the $96m racetrack design on Sunday<\/a>, Mr Malinauskas listed extensive details of the 4.13km circuit, plus a $15m parklands upgrade package designed to soothe controversy about cutting down at least 377 trees.<\/p>\n

But the Premier pointedly argued the world-first MotoGP street circuit plan showed SA \u201chas ambition\u201d and \u201ca vision about where we want to be 10, 15 years from now\u201d.<\/p>\n

\u201cHere\u2019s the truth of it. South Australia\u2019s population is ageing. We need more young people to not just choose to stay here and live but choose to move here and work,\u201d he said.<\/p>\n

\u201cWe\u2019ve got more opportunity than we\u2019ve ever had in the past, which means the place should have ambition. We should have vibrancy. We should a sense of youthful enthusiasm for the place, which means doing things that others haven\u2019t done before.\u201d<\/p>\n

Mr Malinauskas, in part, explained some of the biggest challenges facing his second-term government \u2013 growing private sector jobs and investment to build a more prosperous future. <\/p>\n

But soaring state debt and a government-dominated economy remain a major handbrake, creating a considerable burden for the very young people the Premier wants to retain and attract. <\/p>\n

There are, as One Nation state leader Cory Bernardi said on Wednesday, \u201cstructural problems in this state\u201d related to debt, costs for business and families, plus government red tape strangling aspiration.<\/p>\n

These continue despite latest figures showing SA\u2019s unemployment rate was the nation\u2019s lowest, at 4.1 per cent.<\/p>\n

As analysis of economic, population and industry growth by The Advertiser in February showed, SA is heading for a long-term economic shock <\/a>as the population ages, young adults flee, skills shortages intensify and high-wage jobs flatline.<\/p>\n

Most employment growth has been government-driven <\/a>and this is poised to continue, although BHP\u2019s proposed multibillion-dollar Olympic Dam expansion is a bright light on the horizon.<\/p>\n

More than $30bn of federal government money will be spent just to build Adelaide\u2019s nuclear-powered submarine yard at Osborne<\/a>. <\/p>\n

Treasurer Tom Koutsantonis insisted the state would not \u201cbecome Victoria\u201d when his June budget projected $53.654bn debt by mid-2030<\/a>, with daily interest payments of $9.61m, or $67.46m per week.<\/p>\n

But SA\u2019s debt interest burden is poised to become the nation\u2019s most precarious <\/a>by 2030, with repayments consuming one dollar in every three generated by state taxes, according to an Institute of Public Affairs (IPA) report released in late August.<\/p>\n

National accounts figures released on Wednesday showed SA\u2019s economic growth flatlining in the past quarter \u2013 equal slowest with New South Wales nationally \u2013 to be up 2.8 per cent annually.<\/p>\n

According to Westpac analysis, \u201cthe weakness is centred on new public demand\u201d \u2013 ie government spending \u2013 which fell 1.6 per cent in the quarter, the first decline since the third quarter of 2022. New business investment lifted by 6.9 per cent annually, which Westpac said was \u201cstill the softest annual read of the mainland states\u201d.<\/p>\n

Opposition Leader Ashton Hurn seized on the state final demand figures, saying \u201cthe warning signs have been everywhere\u201d about sluggish growth. <\/p>\n

\u201cLabor regularly tries to boast about economic growth, but, disappointingly it\u2019s completely flatlined in SA, while states like WA and Queensland power ahead,\u201d Mrs Hurn said.<\/p>\n

\u201cIt\u2019s time Labor got out of the way of businesses so they \u2013 not the government \u2013 are the drivers of our economy.\u201d<\/p>\n

Mr Malinauskas, though, believes in government driving change to help build economic complexity. Whatever the political approach, the major challenge still lies ahead.<\/p>\n

\"Paul<\/a>Paul Starick<\/a>Editor at large<\/p>\n

Paul Starick is The Advertiser’s editor at large, with more than 30 years’ experience in Adelaide, Canberra and New York. Paul has a focus on politics and an intense personal interest in sport, particularly footy and cricket.<\/p>\n

Read related topics:Peter Malinauskas<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Premier Peter Malinauskas wants to axe hundreds of parklands trees for a MotoGP circuit to demonstrate ambition, 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