Palaszczuk ranked worst for managing growth

Thursday 16th July 2020

A new ANZ and Property Council survey released today has revealed the Palaszczuk Labor Government continues to be worst government in the country for planning and managing growth.

LNP Deputy Leader and Shadow Treasurer Tim Mander said that Annastacia Palaszczuk’s failure to manage Queensland’s economy has turned a health crisis into a jobs crisis.

“Since 2018, the Palaszczuk Labor Government has been ranked the worst in the nation for planning and managing growth,” Mr Mander said.

“Labor’s reckless mismanagement of the economy has driven industry’s confidence in the state‘s growth to the lowest out of any other state or territory in Australia.

“Labor’s nine new or increased taxes have ripped nearly $4 billion from the economy costing jobs and decimating confidence.

“Well before Coronavirus hit, Queensland had some of the worst unemployment figures in the country, business confidence was in freefall and had the most bankruptcies nationwide.

“Only an LNP government will implement our economic plan for a decade of secure jobs, to get Queenslanders working again and drag Queensland out of the recession by stimulating the economy.

“The LNP will build a stronger economy to secure more local jobs by guaranteeing no new taxes, unlocking private sector construction investment, fast-tracking major project approvals and establishing the Queensland Infrastructure Fund.

“Our bold vision is to make this state Australia’s economic powerhouse again.

“Under the LNP, Queensland will be the best place to get a job and get ahead.”

ANZ / Property Council Survey Findings:

  • The Palaszczuk Labor Government is ranked the worst government in Australia for planning and managing growth
  • Queensland has Australia’s lowest expectations for state economic growth over the next 12 months
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