Media | State News

Queensland competes for economic wooden spoon

29th July 2019

The once mighty Sunshine State continues to lag behind the rest of the country, as the full extent of the Palaszczuk Labor Government’s anti-jobs and high-taxing agenda is laid bare.

LNP Deputy Leader and Shadow Treasurer Tim Mander said the latest State of the States report revealed a shocking state of affairs for all Queenslanders.

“Annastacia Palaszczuk has steered Queensland down a path of uncertainty, higher taxes, more debt, less infrastructure and the worst unemployment rate in mainland Australia,” Mr Mander said.

“The Palaszczuk Labor Government has no plan to create new jobs and can’t be trusted to fix the economy.

“Queensland has the highest trend jobless rate in 26 months, with employment growth less than half of New South Wales and Victoria.

“The report also found retail spending is depressed in Queensland because Annastacia Palaszczuk has killed off confidence.

“This is also being felt in the construction industry, with work collapsing by more than 20% compared to Queensland’s decade long average.

“What is also of grave concern is house building has fallen by a massive 23% and housing finance has slumped by 14%.

“Queensland’s weak economy is also responsible for 2.3% decline in house prices.

“Annastacia Palaszczuk and her dodgy Treasurer Jackie Trad should be ashamed of this report.

“Queensland was once an economic powerhouse but now we’re getting outdone by New South Wales, Victoria, Tasmania and the Australian Capital Territory.

“Annastacia Palaszczuk has slugged Queenslanders with ten new or high taxes, business confidence has sunk, the health system is in crisis and cost of living pressures have skyrocketed.

“You can’t tax your way to growth.

“Only the LNP has an economic blueprint to create jobs, build congestion-busting infrastructure and we won’t introduce a single new tax.”