Queensland slides further down economic table

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Business & Economy Political Queensland Government

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Annastacia Palaszczuk's dire economic management has seen Queensland slump again in CommSec's quarterly State of the States economic report.

Queensland has fallen from fifth to sixth place on the respected economic table – after it was overtaken by South Australia.

LNP Deputy Leader and Shadow Treasurer Tim Mander said the gap between Queensland the top performing states was still widening, almost four years after Annastacia Palaszczuk became Premier.

"Queensland is going backwards under Annastacia Palaszczuk," Mr Mander said.

"This is just the latest report confirming that our economy is sinking under the weight of the Palaszczuk Government's economic incompetence.

"We have the highest unemployment rate in the nation, rock-bottom business confidence and an economy that grew by just 0.1 per cent in the last quarter.

"This bad news follows a damning Infrastructure Association Queensland report that ranked Queensland's economic stability and transparency miles behind the national average.

"Queensland used to be an economic powerhouse, but now we're way behind New South Wales and Victoria and even South Australia is beating us.

"Queenslanders are paying for Annastacia Palaszczuk's failure with more unemployment, higher taxes and smaller wage rises.

"Only the LNP has a plan to strengthen our economy through cutting red-tape, investing in infrastructure and ruling out any new taxes.

 
LNP : Liberal National Party :
PO Box 940, Spring Hill QLD 4004, Queensland Wide
07 3844 0666
07 3844 0388
LNP :  Liberal National Party
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