State Final Demand data released today by the Australian Bureau of Statistics confirms our state is maintaining its strong economic momentum.
Over the year to December 2019 the Tasmanian economy grew the fastest of all the states at 2.1 per cent, in real trend terms.
At the same time, Tasmanian consumers are the most confident in the country, with the highest consumption growth in the country, at 2 per cent annual growth.
The statistics clearly show that our plan is working, we have the fastest annual employment growth in the nation and since coming to Government, we have created over 21,100 jobs.
But we know there is more to do, which is why we are investing $3.7 billion into jobs creating infrastructure. And it’s why we announced $50m to develop a new hydrogen industry in Tasmania, and our plans to double renewable energy in our state to continue to grow our economy, and create even more jobs and opportunities for Tasmanians.