Queensland economy flatlines under Labor

Published:

New data from the Australian Bureau of Statistics has revealed Queensland's domestic economy flatlined over the September quarter.

LNP Deputy Leader and Shadow Treasurer Tim Mander said the statistics are more evidence Labor's anti-jobs agenda is holding Queensland back.

"Queensland's domestic economy barely grew, expanding just 0.1% over the September quarter," Mr Mander said.

"Queensland's declining levels of private investment was weighing heavily on growth.

"Annastacia Palaszczuk's high-taxing, anti-jobs agenda is destroying jobs and grinding Queensland's economy to a halt.

"Labor's red tape and new taxes are making it harder and harder for anyone to invest in Queensland.

"Annastacia Palaszczuk has driven Queensland's economy into the ground with nine new or increased taxes ripping $3.5 billion from the economy.

"You can't tax your way to growth.

"Only the LNP has a plan to invest in job-creating infrastructure by building new roads and dams, cut red tape and slash regional power bills.

"With MYFER due any day, the Palaszczuk Government needs to adopt the LNP policy of no new taxes to get Queensland's economy working again.

"Annastacia Palaszczuk and Jackie Trad's economic mismanagement is holding Queensland back.

"Queensland can't afford another four years of Labor."
   
Source: Australian National Accounts: National Income, Expenditure and Product, Sep 2019
https://www.abs.gov.au/AUSSTATS/abs@.nsf/Latestproducts/5206.0Main%20Features6Sep%202019?opendocument&tabname=Summary&prodno=5206.0&issue=Sep%202019&num=&view=

 
Business Business & Economy Elections Money & Finance Political Queensland Government
Social:   

LNP : Liberal National Party :
PO Box 940, Spring Hill QLD 4004, Queensland Wide
07 3844 0666
07 3844 0388
LNP :  Liberal National Party
Showing 10+ recent articles for this business
LNP royalty guarantee to unleash Queensland industry 12 August 2020 | The LNP will introduce amendments into Parliament today to legislate a 10-year royalty guarantee. More information...
Labor failing to protect jobs of Virgin's Queensland workforce 11 August 2020 | The Palaszczuk Labor Government is failing to protect Queensland workers from losing their jobs at Virgin Australia. More information...
Labor must guarantee jobs of Virgin's Queensland workforce 05 August 2020 | The Palaszczuk Labor Government must urgently guarantee that none of the Virgin Australia job losses announced today will be made in Queensland, the LNP said today. More information...
Report reveals more child safety failures 04 August 2020 | LNP Shadow Minister for Child Safety Stephen Bennett said the report was further proof that Labor could not be trusted to protect Queensland’s most vulnerable children. More information...
Dire outlook for Queensland businesses under Labor 03 August 2020 | The Suncorp CCIQ Pulse Survey for the June 2020 Quarter released today reveals a continued collapse in business confidence under Annastacia Palaszczuk. More information...
Report exposes Labor's economic failure 27 July 2020 | The Palaszczuk Labor Government's mismanagement of the Queensland economy has been powerfully exposed in the latest CommSec State of the States Report. More information...
LNP Shadow Treasurer Tim Mander ~ Queensland’s debt bill 23 July 2020 | Annastacia Palaszczuk’s Treasurer has today confirmed that Queensland’s debt bill will break through the $100 billion barrier in less than 12 months. More information...
Sunshine Coast unemployment rises as Labor's jobs crisis worsens 23 July 2020 | New Australian Bureau of Statistics data release today has revealed a surge in unemployment across Queensland, as the Palaszczuk Labor Government fails to reveal a budget or a plan to create new jobs. More information...
LNP Shadow Health Minister Ros Bates ~ quarantine orders 22 July 2020 | “People not complying with quarantine orders must face mandatory maximum penalties of $13,345,” Ms Bates said. More information...
Record number of Queenslanders unemployed under Labor 16 July 2020 | The Australian Bureau of Statistics have today revealed that a record number of Queenslanders are unemployed. More information...


comments powered by Disqus

All articles submitted by third parties or written by My Sunshine Coast come under our Disclaimer / Terms of Service