Positive view of Tasmanian Economy – not so for Australian economy

Release Date: 14/07/2017
The latest Tasmanian Chamber of Commerce and Industry showed business has a strong positive view of the Tasmanian economy, but were far more circumspect about the national economy.
All three regions had the same view—an increasingly positive expectation for the Tasmanian economy—particularly so in the North West, but neutral about the national one.
Population growth has been greatest in the South, with the other two regions stable.
The South has shown the highest participation rate, and the lowest unemployment rate, together with the North West.
The North is still showing a low participation rate, although the unemployment rate is trending down.
‘Responsibility is on now on the state government to continue the momentum, and deliver jobs growth. We need a concerted and focussed education and training environment,’ said TCCI CEO Michael Bailey.
‘The results also serve as a message to the federal government that it is underperforming. The federal government must recognise the regional nature of the Tasmanian economy and provide greater certainty in its approach to economic matters,’ Mr Bailey said.
Contact: TCCI Chief Executive Michael Bailey – 0437 322 338 

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