Trad effect hits Queensland building industry

Monday 3 February, 2020

The latest ABS data released today has shown that home-building is slumping in Queensland – but increasing across the rest of nation.

While the overall number of Australian dwelling units approved increased by 2.1% in December, Queensland’s approvals fell by 1.3%.

Shadow Treasurer Tim Mander said that since Annastacia Palaszczuk became Premier, Queensland building approvals have fallen by a huge 40 per cent.

“This is more evidence that Annastacia Palaszczuk and Jackie Trad have broken Queensland’s economy,” Mr Mander said.

“After five years of Labor, home construction has slumped, business confidence is at rock-bottom and we have the second-highest unemployment rate in the nation.

“Only the LNP will deliver the strong economy that Queensland needs to deliver better schools, improve health services and create well-paid local jobs.

“The LNP will create a strong economy jobs by building the New Bradfield Scheme, building new roads and dams, cutting electricity prices and guaranteeing no new taxes.”

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Source – TABLE 03. Number of Dwelling Units Approved, by Sector, all series – Queensland. https://www.abs.gov.au/AUSSTATS/abs@.nsf/DetailsPage/8731.0Dec%202019?OpenDocument

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