With the increasing population and growth of other industry sectors comes the inherent need for support from professional services.
Building a local economy is only possible with the expertise of lawyers, accountants, architects, engineers, management and consultant services, media and communications, information technology specialists and many more.
Other industries rely on these services to allow them to establish themselves and focus on their own specialist fields.
Rising incomes in foreign markets, substantial infrastructure projects in SA and the ever-increasing demand for technologies and services are being tracked by the City of Adelaide as potential launch pads for growth.
The State Government has also employed successive reductions to the payroll tax and increased the tax-free threshold. In 2012 Ernst and Young's independent assessment of savings achieved by the Government's red tape reduction program confirmed savings to businesses and the community of $151 million. These aspects further cement Adelaide as one of Australia's most affordable capitals to do business.
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Value Add (Economic Contribution) 2012-13
40% proportion of economic activity by professional services industry
30 proportion of employment by professional services industry