 South Australia's debt achieved a AAA rating under the Rann Labor government, prompting Business SA chief executive Peter Vaughan to praise Labor's economic management.Rann subsidised theatres, added Guggenheim galleries, introduced the Festival of Ideas and Adelaide's Thinker in Residence program, and encouraged the idea that film festivals fund movies, leading to the creation of the Adelaide Film Festival and establishing the Adelaide Film Festival Investment Fund as backing.He provided the funding to make three major festivals annual rather than biennial