Rockliff-Ferguson Government fails on economy

Tasmanian Labor

Despite
repeated warnings, in less than four months since becoming Premier and Treasurer,
Jeremy Rockliff and Michael Ferguson have sent Tasmania tumbling down the
economic rankings.

The
latest CommSec report shows Tasmania has slipped to third in the national
economic rankings. We now no longer lead on any of the eight economic indicators,
with our annual growth now worse than the national average. This comes on top
of a damning report from Deloitte Access Economics, a population decline and
two quarters of shrinking State Final Demand.

This
economic downturn comes as no surprise, as Michael Ferguson wrecks the budget
with record debt, Guy Barnett sits on his hands as power prices surge, and
Jeremy Rockliff cuts the real wages of nurses, teachers and firefighters.

Now
Tasmanians are left wondering how rapid the state’s economic decline is going
to be. While people grapple with the current cost of living crisis the economic
headwinds continue to get worse under Jeremy Rockliff and Michael Ferguson’s
weak leadership.

The
CommSec report further highlights how unfit the Rockliff-Ferguson Government is
to be running the Tasmanian economy. They continue to get the basics wrong and
refuse to act on the challenges Tasmania is facing.

Shane Broad MP

Shadow Treasurer

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