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Confidence in Queensland economy stays ahead of the nation
Confidence in the Queensland economy has once again stayed ahead
of the national outlook according to a new report out
today.
The Chamber of Commerce and Industry Queensland's (CCIQ) survey
of business conditions shows that Queensland's confidence rose by
five percentage points in the December quarter to 50.9 per cent,
ahead of the national economy on 48.6 per cent.
Deputy Premier and Treasurer Andrew Fraser said the report also
showed a turnaround in general business conditions with an
increase to 49.8, their highest level since March 2010.
"Once again we've seen that Queensland businesses are
increasingly confident about our state's economy, despite ongoing
uncertainty overseas," Mr Fraser said.
"It's not surprising on the back of recent news that we will
return the Budget to surplus one year ahead of schedule.
"The Bligh government understands the pressures that are out
there for small businesses, especially on the back of the GFC and
last year's natural disasters.
"Despite this Queensland has maintained the lowest payroll tax
rate in the country, we also have the most competitive overall
tax regime for small to medium businesses, as judged by the
independent firm, Pitcher Partners.
"On top of this Blair Davies was brought on last year as the new
Business Commissioner to slash red tape and be a voice for small
and medium business.
"This move was endorsed by the CCIQ and he is already getting out
across the state and meeting with small businesses."
Deputy Premier, Treasurer and Minister for State
Development and Trade
The Honourable Andrew Fraser
30/01/2012
Confidence in Queensland economy stays ahead of the
nation
Permanent Link: Confidence in Queensland economy stays ahead of the nation
Publish Date: 30 Jan 12
GPO Box 611, Brisbane
Phone: 07 3224 6900
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