The January 2023 NAB Monthly Business Survey shows that the Rockliff Liberal Government’s plan for Tasmania is working, as our State records the highest business confidence in the country.
Treasurer Michael Ferguson said the report shows Tasmania is maintaining its strong business confidence, rated as the highest in the nation and more than double the next best performing state.
“It also shows a significantly increased business conditions rating to the second highest in the nation, an improvement of more than double the December 2022 rating,” Treasurer Ferguson said.
“This report comes off the back of recent ABS data that shows Tasmania having a record high participation rate of 62.7 per cent, Job Vacancies 112.3 per cent higher than before the pandemic, and a record low unemployment of 3.8 per cent – 3.6 percentage points lower than what it was in 2014. This is only possible with sound economic management that encourages business growth and investment in our State.
“The NAB report also echoes the CommSec State of the States Report that ranked Tasmania as the second best performing economy in the nation, having improved on all eight performance indicators since we came to government in 2014.
“Labor can attempt to cherry pick and catastrophise all it wants, but the reality is that according to the data, more than 55,000 jobs have been created since the disastrous Labor Green Government, when 10,000 jobs were lost.
“As the data shows, a strong business sector means more jobs for Tasmanians. Our plan for Tasmania will continue to see our State breaking records as we continue to strengthen our local businesses, employ Tasmanians, and deliver on our plan to secure Tasmania’s future.”
