Tasmania has recorded the lowest business confidence in the country for the fourth consecutive month.
The latest NAB Monthly Business Survey shows that while business confidence is steady across the nation, Tasmania’s has fallen off a cliff, and is miles behind the next worst state.
After last week’s news that the state’s economy has gone backwards for three consecutive quarters, the drop in business confidence further demonstrates the pain that Tasmanian businesses are feeling under a minority Liberal government that has clearly run out of ideas.
Only six months ago, Tasmanian businesses were the most confident in the country, with the Premier himself acknowledging that “confidence is king” when he took on the economic development portfolio in July.
“Tasmanian businesses need confidence, Tasmanians need certainty, and that’s what I’m delivering with this and the other changes I have announced over the past week,” he said at the time.
Whatever the Premier is doing clearly isn’t working. He has had a disastrous start to his new role in charge of the economy.
If confidence is king, Tasmanian businesses are in trouble under Jeremy Rockliff.
Shane Broad MP
Shadow Treasurer
