The CommSec State of the States Report confirms Tasmania’s economic revival and shows that the Hodgman Government’s long-term Plan is delivering for Tasmania.
The Report states that: “Tasmania remains in fourth spot with rising population growth (fastest in five years) boosting housing demand and supporting the job market.”
It highlights the very strong performance of the state in terms of job creation and says “Interestingly, Tasmania now is ranked second on unemployment as its 5.8 per cent jobless rate is 5 per cent below the “normal” (decade-average) of 6.1 per cent.”
Tasmania now has the second lowest unemployment rate of any state in the country and is lower than the national average. Since the election, 5,200 jobs have been created and the Hodgman Government is putting in place plans to create even more jobs.
Our focus on economic growth and job creation is working because we have got the budget back on track after it was trashed by Labor and the Greens. One of the features of the upcoming budget will be a strong focus on further economic growth and job creation. We will also be investing more into skills and training and building our workforce of the future by helping more Tasmanians get into an apprenticeship or traineeship.
This is the latest in a string of reports that points to an economic revival in Tasmania. Sensis recently ranked the Hodgman Government as the most popular government in the country with small businesses. MyState’s economic update said that Tasmania’s economy had “reached new heights”, Deloitte Access Economics said that retail and tourism were driving economic growth and the TCCI’s latest report said that confidence is rebounding right around the State.