QLD OUTSHINES NATION IN BUSINESS CONFIDENCE

Written on the 13 October 2015

QLD OUTSHINES NATION IN BUSINESS CONFIDENCE

QUEENSLAND has come out on top of all mainland states in business confidence for the third month in a row, according to NAB.

The Monthly Business Survey shows the sunshine state's trend business confidence is +7 points on the NAB index, three points higher than NSW and six points higher than Victoria.

Treasurer Curtis Pitt says the results maintain the momentum from a positive and growth-focused State Budget.

"The survey indicates that solid business conditions and some dissipation of financial market jitters may have contributed to a lift in confidence, with the improvement largely concentrated in transport and utilities and personal services," Pitt says.

"Both these industries are enjoying the highest confidence levels at +13 and +16 points respectively.

"Although the business conditions index did not increase nationally in September, NAB state that business conditions are holding on to the solid gains obtained over the past year, supported by low interest rates and a lower Australian dollar."

Pitt says the Palaszczuk Government would continue to work with business and industry to create new job opportunities.

This follows the 25 per cent payroll tax rebate for apprentices and trainees, which has reported more than $1 million in rebates during the first two months of operation. As well as a Red Tape Reduction Advisory Council and home-based business program to support stay-at-home parents.

"We're pro-growth and pro-jobs and that is showing through with the continued high levels of business confidence," he says.


Latest News

ADELAIDE APARTMENT BREAKS OFF-THE-PLAN RECORD WITH $3M SALE

AN apartment in 'The Adelaidean' residential development in Adelaide has sold for more than $3 million, which...

CABCHARGE GIVEN GREEN LIGHT TO BUY YELLOW CABS IN QUEENSLAND FOR $20M

THE consumer watchdog will not oppose the proposed acquisition of Yellow Cabs in Queensland by taxi payment service C...

SLEEPING ROUGH IN THE NAME OF CHARITY: 170 BRISBANE BUSINESS LEADERS TAKE PART IN THE CEO SLEEPOUT

OVER 170 Brisbane CEOs and business leaders will brave the cold tonight to fight homelessness in what will be the big...

DOMESTIC TOURISM IN AUSTRALIA BREAKS RECORDS, INJECTS $61.7 BILLION INTO NATIONAL ECONOMY

DOMESTIC Australian tourists have spent a record breaking $61.7 billion on intra and interstate travel this year, acc...

Related News

DOMESTIC TOURISM IN AUSTRALIA BREAKS RECORDS, INJECTS $61.7 BILLION INTO NATIONAL ECONOMY

DOMESTIC Australian tourists have spent a record breaking $61.7 billion on intra and interstate travel this year, acc...

THE DOCTORS WHO PLUNGED INTO THE SHARK TANK AND SURVIVED WITH A $500,000 INVESTMENT

THEIR mission is to change the face of cancer care with an app that empowers and connects patients and care givers...

IMF BRACES FOR BIG LOSS FOLLOWING WITHDRAWAL FROM SPOTLESS CLASS ACTION

LITIGATION fund IMF Bentham (ASX: IMF) is set to lose as much as half a million dollars after it ceases funding one o...

WAGERING GIANTS TABCORP AND TATTS GIVEN GREEN LIGHT FOR $11B MERGER

THE Competition Tribunal has approved Tabcorp's (ASX: TAH) $11bn takeover bid for Tatts (ASX: TTS) on the conditi...

BOOK YOUR FUNCTION SPACE HERE

 

 

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter