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Economy – facts tell a different story

WHY is Treasurer Peter Gutwein spruiking a strong Tasmanian economy when the latest reports show the opposite?

The CommSec report released this week shows:

• Tasmania is ranked last in this State of the States report, with the lowest economic growth

• Our state has the weakest result on spending of all the states and territories

• We are also ranking the lowest on 5of the 8 indicators including construction work and equipment investment.

• Tasmania has the weakest population growth

 

On Monday CPSU General Secretary Tom Lynch told the ABC “We have the lowest economic growth, we have the lowest population growth, we have the lowest in investment and the lowest retail trade figures so I don’t know what the Treasurer is saying to us when he says everything is fixed”.

 

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