Minister for Employment Senator Eric Abetz said labour force figures released today by the ABS show that the Liberal Governments in Canberra and Hobart are delivering for the state.
Tasmania recorded the strongest rate of employment growth in August 2015, up by 2,600 (or 1.1 per cent).
The State also recorded the largest increase in its participation rate over the month (up by 0.5 percentage points), to 61.4 per cent in August 2015.
“Instead of Tasmania’s former position of having the worst economic figures, we now have the strongest rate of employment growth and the largest increase in the participation rate,” Senator Abetz said.
“More Tasmanians are looking for and gaining employment.”
Investment in Tasmania includes $400 million on the Midland Highway, $40 million on the Hobart International Airport, $60 million on the second tranche of the northern Tasmania irrigation scheme, and most recently, a $200 million commitment to boost Tasmanian exports.
The Government is delivering stronger jobs growth by:
- Investing $5.5 billion in the new Growing Jobs and Small Business package that will kick-start economic growth and lead to better outcomes for small business and the broader community;
- Delivering $3.25 billion in tax cuts for small business and $1.75 billion in accelerated depreciation measures, in addition to the benefits small business is gaining from the abolition of the carbon tax;
- Investing $6.8 billion in jobactive, the new employment services system, which will help unemployed Australians into sustainable jobs;
- Investing a record $50 billion to build the infrastructure of the 21st century; and
- Negotiating Free Trade Agreements which will attract growth, enhance investment and stimulate jobs growth.
“At the heart of the Coalition Government’s plan for Tasmania are lower taxes, more infrastructure and freer trade. Our economic plan is working,” Senator Abetz concluded.