Building approvals keep tumbling under Labor

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New independent data from the Australian Bureau of Statistics (ABS) released this morning have revealed Queensland Building approvals have tumbled to near ten-year lows under Labor.

LNP Deputy Leader and Shadow Treasurer Tim Mander said Annastacia Palaszczuk's failure to manage Queensland's economy was destroying jobs and sending businesses bankrupt.

"The total number of dwelling units approved decreased to a low of 2,497 for September 2019," Mr Mander said.

"Queensland's building industry hasn't been hit this hard since the decade low reached under Labor's Anna Bligh in December 2011.

"Fewer building approvals means fewer jobs for Queenslanders.

"The Palaszczuk Labor Government is driving Queensland's economy into the ground with increased taxes hitting the building industry like a sledgehammer.

"Not only are building approvals nearing decade lows, Queensland now has the highest unemployment rate and most bankruptcies in the nation.

"Building approvals reflects confidence and investment in the Queensland economy.

"Both are at rock bottom levels under Labor.

"Labor's nine new or increased taxes are a handbrake on Queensland's building industry and it's costing jobs.

"Labor isn't working to create jobs and Queenslanders are paying the price.

"Only Deb Frecklington and the LNP has the economic plan to create jobs and provide better job security with no new taxes.

"12 months from today, Queenslanders will have the chance to vote out Annastacia Palaszczuk's failing economic agenda and anti-jobs regime.

 
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