Let’s not sugar-coat it – doing business in South Australia right now is tougher than ever.
Costs are climbing across the board. Margins are tight. And confidence? According to the latest CreditorWatch data, 1 in 10 hospitality businesses have shut down in the last 12 months, with SA recording the highest closure rate nationally at 10.8%. Meanwhile, the SA Tourism Barometer shows a $373 million drop in visitor spend over the past year—even as other states are seeing growth.