Another independent economic report has rated Tasmania’s economy favourably, saying that Tasmania’s economy is “doing OK”, driven by increasing tourism numbers and retail spending.
The positive comments from Deloitte Access Economics follow a number of key reports that show Tasmania’s economy is resilient.
Last week, CommSec rated Tasmania fourth in its State of the States report, while the recent TCCI Survey of Business Expectations showed a significant increase in business confidence.
The most recent Sensis Small Business Index found that the Hodgman Government was by far the most popular Government in Australia among the business community and four times more popular than the previous Labor-Green Government.
The three areas highlighted by Deloitte Access Economics – tourism, investment and retail – are three of the most important to Tasmania’s economy and which the Hodgman Government has worked hard to support.
The boom in visitor numbers to Tasmania is supporting regional areas of the State, our significant ongoing investment in infrastructure is helping to support thousands of jobs, while the record-breaking run in the retail sector of late is a sign of increasing confidence in the economy.
But, there is still a long way to go.
That is why job creation and economic growth remains our number one priority, and why we have implemented a Northern Economic Stimulus package, so that we can continue to grow the economy and create jobs.
Peter Gutwein, Treasurer
