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Stronger Tasmanian economy

Deloitte, CommSec reports outline stronger Tasmanian economy

Tasmania’s improved economy has a solid outlook, forecaster Deloitte Access Economics believes.

“Things are looking definitively better in Tasmania.”  Deloitte Access Economics

Access forecast modest jobs and population growth in Tasmania for the next few financial years and solid but not spectacular economic growth this financial year and for the next four.

With the state election looming, Treasurer Peter Gutwein used the report to spruik the government’s economic record.

“… Tasmania’s economy is heading in the right direction, but only the Hodgman Government has a clear plan to build on this momentum and take Tasmania to the next level.”

Shadow Treasurer Scott Bacon said Labor was focused on how Tasmania could “keep riding the current economic wave”.

“That is why we are committed to rebuilding TAFE, investing in productive infrastructure and playing to our economic strengths,” Mr Bacon said.

“Deloitte’s latest report confirms that the improvements in Tasmania’s economy have been down to good fortune, not good management on behalf of the Hodgman Government.”

Meanwhile, CommSec lifted Tasmania’s ranking from fifth out of eight to fourth in its latest State of the States report, behind New South Wales, Victoria and the ACT.

The “promotion” was due to firmer business investment and the strongest population growth in 6.5 years.

 

Source: The Examiner

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