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    Coat of ArmsMedia Release
    Minister for Innovation, Science and the Digital Economy and Minister for Small Business
    The Honourable Leeanne Enoch

    Queensland the state for small business to start, grow and employ

    Minister for Innovation, Science and the Digital Economy and Minister for Small Business
    The Honourable Leeanne Enoch

    Thursday, July 27, 2017

    Queensland the state for small business to start, grow and employ

    Small Business Minister Leeanne Enoch today (Thursday) released the Palaszczuk Government’s first State of Small Business Report.

    Ms Enoch said the report shows Queensland’s small business sector demonstrated strong growth under the government’s $22.7 million Advancing Small Business Queensland Strategy 2016-20.

    “The Palaszczuk Government’s clear plan to create an environment for small business to start, grow and employ is driving economic growth and creating jobs,” Ms Enoch said.

    “Queensland small business numbers – which actually fell under the previous Newman-Nicholls Government – increased by two per cent to more than 414,000 in 2015-16.

    “Importantly, the critical four-year survival rate is up, and small businesses continue to be strong employers of private sector staff.

    “In the 12 months to July 1, 2016 – the number of construction businesses grew by 1610, rental and real estate businesses by 798, and professional and technical businesses increased by 940 - indicating strong economic growth and confidence in Queensland.”

    Ms Enoch said ABS economic growth figures for the March quarter show Queensland’s economy grew for the fifth straight quarter.

    “Surveys by NAB and Sensis, and the Suncorp CCIQ Pulse Survey, all show strong increases in business confidence,” Ms Enoch said.

    “These business confidence surveys have placed Queensland highest or second-highest in the nation for 27 of the past 29 months.

    “Everywhere I go around the state, small business owners and operators tell me they were ignored by the LNP, who arrogantly thought they knew best.

    “They slashed 14,000 public sector jobs which had a huge knock-on effect to small businesses – particularly those in regional Queensland.

    “While the LNP recklessly cut jobs, funding and programs, the Palaszczuk Government understands that by driving economic growth, we are supporting the state’s small businesses.”

    The report is primarily based on ABS figures for business 2015-16 and ABS employment data for 2015-16.

    To download a copy, visit www.dtesb.qld.gov.au

    ENDS

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