Retail Trade Hits A New Record In Tasmania

Liberal Tasmania
  • Michael Ferguson Deputy Premier, Treasurer, Minister for Infrastructure and Transport, Minister for Planning, Member for Bass
  • Nation-leading retail trade figures demonstrate the strength of the Tasmanian economy under the Rockliff Liberal Government.

    Australian Bureau of Statistics data released today shows retail trade in Tasmania grew at the strongest rate of all states and territories in January 2024, and experienced the highest growth rate in the country over the last year at 2.9 per cent, compared to a national average of 1.3 per cent.

    These statistics demonstrate the confidence in our economy, contrary to Labor’s constant efforts to talk Tasmania down, with consumers out and about and taking advantage of what our great State has to offer.

    In January 2024, retail trade topped $724 million in trend terms, which is the strongest month on record for Tasmanian retailers.

    These outstanding results demonstrate the fact that Tasmania’s economy is strong and vibrant, and just how much is at stake under a Labor-led minority Government Coalition of Chaos.

    The only way to protect business confidence and the future of our State is to re-elect a majority Liberal Government so that we can deliver on our 2030 Strong Plan for Tasmania’s future.

    /Public Release. View in full here.