Labor is last on economic ladder – again

Monday 26 October 2020

Queensland has been rated as the joint worst-performing state in CommSec’s latest national economic report card.

The October State of the States report put Queensland level with Western Australia in joint sixth place.

LNP Leader Deb Frecklington said Queensland’s poor result was further proof of the Palaszczuk Labor Government’s five years of economic failure.

“Queensland needs a majority LNP Government to lead our economy out of recession,” Ms Frecklington said.

“The LNP’s $300 rego rebate will inject $1.15 billion into the economy by Christmas and provide major cost of living relief for Queensland families and small business owners.

“Only one party can provide the economic leadership that Queensland needs.

“Only the LNP has a plan to create a decade of secure jobs and get Queensland working again.”

LNP Deputy Leader and Shadow Treasurer Tim Mander said the report was another stark reminder of why Labor can’t be trusted to lead Queensland out of recession.

“Under Labor, Queensland has had the highest unemployment rate in the nation for the past four years and they cancelled the Budget,” Mr Mander said.

“Labor are literally flying blind through the biggest economic crisis in almost a century, with no Budget and no economic plan.

“Our unemployment rate is the worst in the nation because Queensland has the worst government in the nation.

“Queensland’s unemployment rate is even worse than Victoria’s, despite Melbourne being in lockdown.

“Queenslanders can’t afford another four years of Labor.”

Queensland’s CommSec ratings –

  • 7th on economic growth
  • 7th on equipment investment
  • 7th on unemployment
  • 6th on construction work
  • 5th on housing finance
  • 6th on dwelling starts
  • 6th on wage growth
State News

Securing Queensland’s housing foundations

The LNP has announced a bold housing plan with six key policy areas to secure Queensland’s housing foundations over the coming two decades, with an ambitious plan to boost home ownership, unleash the community housing sector, turbocharge new housing and drive rental affordability.

Read More »