Liberal National Party Leader Deb Frecklington has slammed the Palaszczuk Labor Government for blocking crucial private sector projects while Queensland suffers the worst unemployment rate in the nation.
Ms Frecklington said the damning Auditor-General's report released today showed Labor's market-led proposals policy was an abject failure.
"The private sector has approached the Labor Government with more than 300 proposal ideas that have either been knocked back or shackled by bureaucracy," Ms Frecklington said.
"The Palaszczuk Labor Government launched the program three years ago but only two projects have seen the light of day.
"Annastacia Palaszczuk's government is all about spin rather than substance.
"On countless occasions Government ministers have attended photo opportunities about projects which have failed to eventuate.
"It just shows you cannot trust a thing Annastacia Palaszczuk promises because she is all talk and no delivery.
"Private sector proposals should be embraced given Queensland has the highest unemployment rate and lowest business confidence in the nation.
"With more than 165,000 Queenslanders on the dole queue, proposals from the private sector should be fast-tracked, not stonewalled.
"The Palaszczuk Labor Government is not delivering the infrastructure projects Queensland needs so the last thing it should be doing is squeezing the life out of private sector proposals.
"It's clear Queensland is closed for business under Annastacia Palaszczuk."
LNP Shadow Minister for the Arts Dr Christian Rowan said the report showed why taxpayers were set to fork out $150 million for an extension to QPAC instead of only $25 million for an entirely new theatre.
"Only two market led proposals have made it through this Labor Government, and they weren't the tourist-boosting theatre or aquarium that Annastacia Palaszczuk was so quick to announce," Dr Rowan said.
"The private sector was ready and willing to contribute to a new theatre in Queensland, but Labor knocked the proposal on the head.
"Labor refuses all attempts to invest in arts and culture in this great state, and it's costing taxpayers millions of dollars."