Tasmanian retail trade figures have continued their marvellous month-on-month growth to register an unprecedented 30 consecutive months of growth.
This is great news for the Tasmanian economy, which has seen renewed business and consumer confidence under the Hodgman Liberal Government - rated the best State Government in Australia in terms of its policies that support small business (ref Sensis Business Index).
Figures released by the ABS today show the nominal value of retail trade in Tasmania was estimated to be $510.6 million in trend terms for the month of April 2017, up 2.4 per cent when compared to the same time last year and up a staggering 11.1 per cent since the Hodgman Government was elected.
The Government’s 2017-18 State Budget includes an additional $25 million in programs and initiatives that support business growth, including incentives to reduce the costs of employing apprentices, trainees and young people in Tasmania. We will continue to work with the business community so that we can continue to grow the economy, create jobs and Build Tasmania’s Future.