A visionary document calling for sweeping change in South Australia was released yesterday by the State's leading business membership organisation Business SA, in the lead up to the 2010 State election.

A Charter for a Prosperous South Australia recommends a series of economic and social reforms and was launched yesterday by Business SA Chief Executive Officer Peter Vaughan at a lunch attended by 600 business and community leaders.

Developed in consultation with Business SA's members, the Charter outlines more than 80 recommendations for the State's economic sustainability over the next decade and beyond.

Key recommendations in the Charter include:

- Complete reform of payroll and land tax

- Fully deregulate shop trading hours

- Reform the Legislative Council

- Introduce three metropolitan "super" Councils and restructure regional councils

- Rationalise the Public Sector

- Facilitate greater investment in water supply infrastructure that is independent of the River Murray

- Introduce cost-reflective and consumption based water pricing

- Pursue the development of a nuclear energy industry in South Australia

- Increase research into methods to raise agricultural productivity

Business SA Chief Executive Officer Peter Vaughan said the Charter targeted crucial issues that will ultimately drive the State's long-term economic prosperity.

"With the retention of triple A credite rating, strong investment in infrastructure and businesses taking action to avoid reducing staff levels, the State is in a strong position to come out of the economic downturn," Mr Vaughan said.

"The document is a call to action to ensure that the emerging strength of the local economy is built on over the next decade, to enable businesses of all sizes and across all sectors to thrive, in both domestic and global markets.

"Having a supportive and competitive business environment will provide the vibrancy to generate employment, economic growth and income for all South Australians."

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