Our clear plan to secure Tasmania’s future is working

first_imgOur clear plan to secure Tasmania’s future is working Peter Gutwein,PremierOver 12 months on since the COVID-19 pandemic hit our shores, we are securing Tasmania’s future thanks to the decisive action we took to protect our community and the incredible efforts of all Tasmanians.We are now emerging from the crisis with optimism, with a strong economy and business confidence leading the nation, and a clear focus on securing Tasmania’s future.Our clear plan to secure Tasmania’s future is working to rebuild the economy and to create jobs, and to ensure we have the essential services that all Tasmanians need.The figures speak for themselves, with employment back up to pre-pandemic levels at 261,200.Jobs were up by 1.5 per cent in February, the largest monthly growth rate in the country.Unemployment is down – we now have the second lowest unemployment rate of the states at 5.7 per cent.The participation rate is back up to pre-pandemic levels. The youth unemployment rate is down to the third lowest of any State.Job vacancies are up 52 per cent over the year – the highest in the nation.Businesses are confident, and because they are confident, they are investing and hiring, with business investment in the December quarter growing by 8.2 per cent in the quarter, and 7.4 per cent higher than the year before.This has flowed through to our economy, with retail trade in January 9.3 per cent higher than last year, before the pandemic, and in the year to January, our merchandise exports were higher than the previous year, bucking the national trend.And, in January, building approvals were up by 40.3 per cent compared to January last year, and the number of construction loans in January was up – nearly triple the number 12 months earlier before the pandemic, and higher than the national growth over the same period.Building approvals were 3,538 in the 12 months to January 2021, 14.1 per cent more than the previous year.It all confirms our plan is working, and our landmark $5 billion infrastructure program will continue this momentum, underpinning 25,000 jobs and securing Tasmania’s future.But we know that we need to do more and that’s why I have accepted all 52 PESRAC recommendations that will help support Tasmania’s recovery from COVID-19.Our clear plan will deliver the essential services Tasmanians need in health, mental health, education, to increase housing supply, put downward pressure on rents, and will support even more Tasmanians to own their home.The contrast with Labor couldn’t be greater, with the Opposition having no clear plan for Tasmania’s future.And with the indecisive Opposition Leader Rebecca White constantly changing her mind on the key issues facing Tasmania, no one has any real idea what Labor actually stands for.We won’t be distracted by Labor’s inconsistency and negativity, we will continue implementing our clear plan to secure our State’s future, for all Tasmanians. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:AusPol, Australia, building, business, community, covid-19, Economy, education, employment, Government, infrastructure, Investment, mental health, optimism, pandemic, Premier, TAS, Tasmania, Tassie, unemploymentlast_img read more