Key facts
- South Australia's 2026 budget includes a new $50 million R&D fund.
- The budget provides support for startups.
- There is limited tax relief for businesses.
- No broad grants are offered for SMEs.
South Australia's 2026 budget has been released, featuring a new $50 million fund dedicated to research and development (R&D) and additional support for the startup ecosystem. This initiative aims to foster innovation and growth within the technology and research sectors. However, the budget provides minimal tax relief for businesses and does not include widespread grant programs for small and medium-sized enterprises (SMEs), indicating a targeted approach to economic support. The focus appears to be on nurturing new ventures and R&D capabilities rather than offering broad-based assistance to existing small businesses.