Official economic data released by the Australian Bureau of Statistics today provided further proof that Queensland’s economy is flat-lining under the do-nothing Palaszczuk Labor Government.
LNP Shadow Treasurer Scott Emerson said State Final Demand figures for Queensland showed growth in our domestic economy was stagnant under Labor.
"The Palaszczuk Labor Government gets the gold medal for rhetoric but fails every time to deliver for Queenslanders,” Mr Emerson said.
“In the last 12 months Queensland has recorded the second worst economic growth in Australia and without growth, jobs will be lost and Queenslanders will be worse off.
“Our domestic economy has shrunk by $6.5 billion since Labor came to office and business investment has fallen by almost $23 billion on Labor’s watch.
“Clearly Queensland is losing the economic State of Origin and doing even worse than Tasmania.
“We’re second last on unemployment, worst on business bankruptcies and business confidence is still at negative levels.
"Next week's Labor budget will be a document of empty promises and lost opportunities.
“Without a strong economy, government doesn’t have the funds to provide services in our hospitals, a better education for our children or give police the resources to protect our community from drugs and crime.”
Mr Emerson said today’s independent ABS statistics shows Labor has no idea how to manage the Queensland economy.
“Queensland is stagnating, the community is crying out for leadership and we have a government stuck in neutral,” he said.
“A Tim Nicholls-led Liberal National government will be a common sense government that listens, plans and acts to build a better Queensland.”
