Will Hodgman

Premier of Tasmania

5 February 2019

Peter Gutwein, Treasurer

Outstanding performance in retail trade continues

Tasmania’s record-breaking run of strong Retail Trade results has once again continued, with the State hitting the milestone of 50 months of consecutive retail growth, in trend terms.

Results like this don’t happen by chance and the Hodgman Liberal Government is working hard to deliver on our long-term plan to grow the economy and create jobs in Tasmania.

Today’s figures follow the release of the Sensis Business Index for the December 2018 quarter which showed that for the sixth consecutive quarter, the Government’s policies have been ranked the most popular in the nation among small and medium businesses.

Tasmania was the second strongest growing state in Australia, with retail growth of 4.8 per cent in December 2018 compared to a year ago.

Consumers clearly feel confident about the current economic conditions in Tasmania. The total value of Retail Trade is now at a record $548 million, in trend terms for December.

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