Struggling property industry savages Labor

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The Palaszczuk Labor Government is the worst in the nation when it comes to managing and planning for growth, according a damning Property Council of Australia survey released today.

Queensland's score in the survey's 'government performance index' slumped by 11.4 points to a pitiful minus 30.4 points in the council's latest quarterly survey.

LNP Deputy Leader and Shadow Treasurer Tim Mander said the property industry's confidence in the Palaszczuk Labor Government was in freefall.

"The property industry is one of the biggest job creators in Queensland but its confidence in the

Palaszczuk Labor Government has totally collapsed," Mr Mander said.

"Labor's dire performance is bad news for anyone who works in the construction industry and for anyone who is trying to find a new home Queensland.

"Treasurer Jackie Trad's portfolio of homes might be rapidly expanding, but Queensland's construction industry is now in a major slump."

Property industry leaders in New South Wales, Victoria, West Australia and the ACT all gave their state and territory governments a positive rating, in stark contrast with the Palaszczuk Labor Government's abysmal score.

Mr Mander said the property industry had previously pin-pointed Labor's repeated tax grabs as one of the key causes of falling confidence.

"Labor has ripped $3.5bn out of the economy with 10 new and increased taxes," Mr Mander said.

"Labor's toxic taxes are destroying confidence, investment and jobs across the whole economy.

"Only the LNP has a plan to restore Queensland's economic confidence through a no-new-tax guarantee and vital investment in new roads, rail and dams."

Access the report at research.propertycouncil.com.au/research-and-data/anz-property-council-survey

 
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