A significant hit to confidence in the latest NAB Monthly Business Survey should serve as a wake-up call to the Liberal Government.
Shadow Treasurer Scott Bacon says the survey shows confidence levels have fallen sharply in Tasmania.
“This is a reminder that the Liberals rhetoric in government does not match their actual performance,” Mr Bacon said.
“This is a very worrying result and one Labor takes no pleasure from.
“Splurging $400 million on election promises and then cutting more than 1200 full-time jobs to cover the budget shortfall is not the way to improve business confidence.
“Will Hodgman and Peter Gutwein massively overspent during the election campaign and are now left in a very awkward situation.
“They also promised Tasmanians they would return the budget to surplus in their first term, a promise they dumped soon after the election.
“If the Treasurer cannot show a pathway back to surplus, business confidence will always suffer.
“The Liberals honestly believed the act of changing the government itself, rather than hard work, would solve all Tasmania’s economic challenges .
“This severe drop in business confidence is a reminder that Peter Gutwein is not the economic mastermind he thinks he is.
“I note the Treasurer’s response to the survey completely ignores reality.”
Scott Bacon MP Shadow Treasurer
