According to recent independent research Queensland’s economy is the fastest growing in Australia.
Premier of Queensland
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Queensland’s economy is positioned to become the powerhouse of Australia with independent research showing we have the fastest economic growth rate in the nation.
CommSec’s latest State of the States report showed that economic growth in Queensland was up 4.2 per cent from this time last year, almost double the nearest state.
Queensland was also the number one state for business investment and posted strong results in retail and tourism spending. This surge in economic activity is creating jobs, with the latest ABS data showing that 75 per cent of all the jobs created in Australia in the year to December were created in Queensland.
Our property industry is also experiencing a surge in confidence. The ANZ Property Industry Confidence Survey showed our state’s property industry in the most confident in Australia. We will continue to work hard to ensure that we outperform the rest of Australia in 2014.
Early work starts on $5 billion public transport project
One of our election promises was to deliver better infrastructure and better planning. We are delivering on this promise through projects like the $5 billion Underground Bus and Train project. The Underground Bus and Train project is a 5.4 kilometre tunnel with two train lines in the lower section and two busway lanes in the upper section. The new tunnel will connect Dutton Park in the south to Victoria Park in the north, with new underground stations built at Woolloongabba, George Street and Roma Street. Geotechnical drilling has started to allow us to confirm the alignment of the tunnel and station locations.
This project will revolutionise public transport in Brisbane, creating 18,400 full-time jobs and using the largest tunnel-boring machine ever
used in Australia. It will address both rail and bus congestion at an affordable price.
Nominations are open for Reconciliation Awards
There are so many Queensland businesses that work with the Indigenous community that respect and recognise reconciliation. The 2014 Queensland Reconciliation Awards recognise these Queenslanders who make such an important contribution to our communities.
Queensland State of Origin hero Jonathan Thurston will again act as ambassador for the awards, showing his commitment to honouring the history and traditions of Aboriginal and Torres Strait Islander people. Nominations are now open, so I encourage you to put forward a business, community group or educational institution which deserves recognition.
For more information, visit www.reconciliation.qld.gov.au