Queensland confidence leads the nation for ninth month in a row

Published Tuesday, 12 April, 2016 at 12:32 PM

Treasurer, Minister for Aboriginal and Torres Strait Islander Partnerships and Minister for Sport
The Honourable Curtis Pitt

The National Australia Bank’s Business Confidence Survey has again showed Queensland leading the nation – the ninth consecutive month on top.

Treasurer Curtis Pitt said the survey showed the positive impact of the Palaszczuk Government’s pro-jobs, pro-business economic plan for the State.

“Since last year’s State Budget, Queensland businesses have consistently been the most optimistic of any mainland State in Australia,” Mr Pitt said.

“This report shows that Queensland businesses have not just strengthened in the face of uncertain conditions but we’re seeing a broad-based recovery across a range of non-mining industries.

“The latest NAB Business Confidence survey puts Queensland at 8 points on a trend basis – ahead of NSW on 4 and Victoria on 3.

“This is significantly higher than when we took office from the LNP, and shows that the Palaszczuk Government’s pro-jobs pro-business agenda is undoing the destruction of the LNP years.

“It’s yet another positive report card on our handling of the economy and it’s more hard evidence that confidence in the economy is strengthening.

“Just yesterday the Australian Bureau of Statistics released figures showing the number of Queenslanders getting finance approved for buying their own home has increased for the sixth month in a row.

“We now have Queensland’s trend unemployment rate at a two-year low, after seeing 71,700 new jobs created in 12 months.

“Giving business confidence to invest and expand means more people getting back into work, school leavers getting a start on their career and families being given an opportunity to secure a second income.

“More jobs means more people with the confidence and the cash to buy a new home, or spend with a local business.”

 

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