The campaign was dominated by the issue of the collapse of the State Bank of South Australia in 1992. The State Bank's deposits were legally underwritten by the Government of South Australia, putting South Australia into billions of dollars of debt. Labor premier John Bannon had resigned over the issue, being replaced by Lynn Arnold just over a year before the election. Following the leadership change and by early 1993, Newspoll had recorded a total rise of 13 percent in the Labor primary vote. However, the gains did not last, and Labor was swept from power in a massive landslide by the Liberal opposition under Dean Brown. The Liberals won 37 seats on a 14-seat swing, still the most that any party has won since the abolition of the Playmander. Labor fell to 39 percent of the two-party vote, a loss of nine percent. Still, the Liberals were left one short of a majority in the upper house.