The Hodgman Government has a long-term Plan to grow Tasmania’s economy and create jobs.
Data released by the ABS today shows that our plan is working. State Final Demand, which is a key measure of economic growth, has increased by 6.1 per cent since the Hodgman Government was elected. In contrast, under Labor and the Greens, State Final Demand decreased by 0.15 per cent.
In the December 2016 quarter, State Final Demand increased by 0.6 per cent, the equal second biggest increase of any state. In 2016, State Final Demand increased by 2.3 per cent, which was the third biggest increase of any state.
This follows employment figures released earlier this month that show 4,300 jobs have been created under the Hodgman Government.
But we know that there is a lot more to do. That’s why we are rolling out a Northern Economic Stimulus package that will unlock $100 million of investment, fixing the planning system, implementing a new building code and supporting massive UTas investments in Launceston and Burnie.