The Liberals in South Australia have released a new values statement as part of moves to modernise the party and develop an alternative vision for the state. The document has been released after a string of demoralising election losses for the Liberals, including those in Victoria, SA and NSW and also follows last year’s comprehensive federal election defeat. The Liberals only hold power in Tasmania with Labor ruling all other states and territories. The statement marks one year since David Speirs took over as SA Liberal leader and it will be used as the foundation for the party to speak to people and communities across SA. «These values highlight the importance of giving people a hand up, rather than a handout. They champion equality of opportunity, nurture aspiration, celebrate success and care for our most vulnerable,» Mr Speirs said. «Our core values guide everything we do. They are the foundation of what we believe and what we stand for.» The document addresses seven key areas, including creating opportunities to grow jobs, supporting individuals and families as the «bedrock of our society», allowing people the freedom to live their lives and run their businesses with little government interference, supporting home ownership and declaring that government and the people have mutual obligations to each other. It said government decision-making also needed to be characterised by compassion and respect. Mr Speirs said the values should not come as a surprise be cause they had been at the heart of the Liberal Party for decades. But he said now was the time to «sharply articulate them, creatively communicate them and proudly stand for them». «We will now use these values to build a bold and reformist policy agenda to take to the 2026 state election, while engaging with people, businesses and stakeholders across the state,» he said.