A re-elected majority Rockliff Liberal Government has a 2030 Strong Plan for Tasmania's future.
Our economy is in a strong position and is demonstrating resilience in the face of national economic headwinds.
This means businesses like the Legana Supermarket have the confidence to invest in expanding, which provides significant stimulus to the local construction sector, together with expanded employment opportunities for Tasmanians and improved choice for consumers.
Only last week, Australian Bureau of Statistics data showed that engineering construction work done in the year to December 2023 grew by 9.9 per cent in a clear sign of confidence in the civil construction sector.
In the December quarter, Tasmania experienced the third highest growth in the nation at 2.7 per cent, well in excess of the national average growth of 1.8 per cent in the quarter, and set a new record with the highest level of construction work since 1987.
Last week’s data releases by the ABS also showed that Tasmania’s retail trade growth in January 2024 was the strongest of all states and territories, growing 2.9 per cent over the last year, compared to a national average of 1.3 per cent.
In January 2024, retail trade topped $724 million in trend terms, which is the strongest month on record for Tasmanian retailers.
This data is more evidence of the strength and resilience of the Tasmanian economy under the Rockliff Liberal Government’s Strong 2030 Plan. Last financial year, Tasmania’s economy continued to grow to new highs with growth of 1.1 per cent in the year, consolidating the strong growth experienced coming out of the pandemic.
There are now around 50,000 more Tasmanians in jobs since we were first elected in March 2014, and the unemployment rate is at a very low 4.2 per cent.
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.