Labor takes credit for QLD business confidence jump

Queensland opposition spokesperson on Treasury issues, Curtis Pitt in Rockhampton. Photo: Chris Ison / The Morning Bulletin
Queensland opposition spokesperson on Treasury issues, Curtis Pitt in Rockhampton. Photo: Chris Ison / The Morning Bulletin Chris Ison

QUEENSLAND recorded the highest business confidence level of all the Australian states in April, according to the latest NAB Monthly Business Survey.

The state's trend rate for business confidence was +five points.

Treasurer Curtis Pitt claimed the outcome as an indication that business and industry were responding to the new Labor government's "positive economic agenda".

"Confidence continues to grow under our economic policy settings and this is reflected by other measures including retail sales, building construction and merchandise exports," Mr Pitt said.

Australian Bureau of Statistics figures released last week showed Queensland also had the strongest real retail growth of any mainland state in the March quarter at 1.9%.

Queensland merchandise exports, according to the ABS, were also up 10.8% to $11.4 billion in the March quarter compared to the same period last year.

The number of dwelling approvals in Queensland also rose 3% in March - up 26% on the same time last year.



Residents fear for CQ town's future after bank closures

premium_icon Residents fear for CQ town's future after bank closures

Banks leaving town and a damaged road make for tough times

96yo surrenders licence after freak crash pins mum

premium_icon 96yo surrenders licence after freak crash pins mum

Crash leads to elderly driver facing a magistrate

REVEALED: Inside look at Rocky's top-10 most expensive homes

premium_icon REVEALED: Inside look at Rocky's top-10 most expensive homes

MILLION-dollar homes from the most prestigious suburbs

Local Partners