Media | Local News

LNP to create 500,000 new jobs under its economic plan

30th October 2017
  • The LNP will create 500,000 new jobs for Queenslanders over the next decade
  • LNP’s six economic drivers are: tourism, agriculture, resources, construction and manufacturing, services, science and technology and education
  • The LNP’s comprehensive economic plan includes lower taxes for families and businesses

A Tim Nicholls-led Liberal National Party Government will restart our state’s economy, creating 500,000 jobs across Queensland over the next decade.

Mr Nicholls today released an economic plan for Queensland that would lower taxes for families and businesses and build the infrastructure Queensland needs.

“We will create jobs and grow the economy by cutting taxes, delivering cheaper electricity, building the infrastructure Queensland needs, getting young people into work and unleashing the potential of the private sector,” he said.

“The LNP will deliver on our 500,000 jobs target through our comprehensive policies for Queensland’s six economic drivers: tourism, agriculture, resources, construction and manufacturing, services, science and technology and education.

“Lowering taxes for families and businesses is at the core of the LNP’s economic plan.

“If businesses are weighed down by increasing costs they can’t grow and won’t employ more Queenslanders.”

Mr Nicholls said Labor’s mismanagement of the state’s finances had cost Queenslanders jobs and opportunity.

“Under Labor we have seen Queensland’s domestic economy shrink, business investment plummet and business confidence at the lowest level in the nation,” he said.

“Despite all the crowing by Annastacia Palaszczuk, the cold, hard facts show 30,000 jobs were lost last year on her watch – our worst year on record.

“This is simply not good enough and totally unacceptable – Queenslanders, especially young people, have lost hope under Annastacia Palaszczuk and Labor.

“Today, I can unveil how an LNP government I lead will get us back on top.

“First and foremost, we will build the roads, bridges and dams Queensland needs.”

Mr Nicholls said the infrastructure projects the LNP would announce over coming weeks would boost productivity, open up transport and commerce corridors and ensure Queensland became an economic powerhouse again.

“These projects will change the state,” he said.

“I want to been known as the Premier who literally built a better Queensland.

“Without a strong economy, governments can’t provide better services in our hospitals, a better education for our children or invest in new technology and equipment to help police protect our communities.”

LNP’s FISCAL PRINCIPLES:

  • Maintain a competitive tax environment for business
  • Stabilise debt over the economic cycle
  • Target general government sector fiscal balance
  • Target full funding of long-term liabilities such as superannuation on an accounting basis in accordance with actuarial advice

https://www.betterqueensland.org.au/gettingqueenslandbackinbusiness