8 June 2017
New statistics reveal the hit to the local economy under the do-nothing Labor Government, with a massive decline in building approvals in the last year.
Member for Beaudesert Jon Krause said the value of building approvals in the Logan-Beaudesert region had fallen by almost $40 million, contributing to local unemployment issues.
“A near $40 million drop in building approvals represents less investment, less economic activity and ultimately fewer jobs for locals,” Mr Krause said.
“Over the year to March, the number of approvals has dropped by 7.9 per cent.
“This is a real worry because building approvals are a leading indicator for the construction sector, which is a big employer in our region.
“The Logan-Beaudesert area has seen 1,900 youth jobs lost in the last year and a drop in construction won’t help this statistic.
“We’re missing out on projects because this Labor Government has failed to deliver confidence and get the investment settings right for this part of Queensland.”
Mr Krause said this was just the latest independent information to show our economy was stagnating under the Palaszczuk Government.
“Only the LNP has a plan to create local jobs and build a better Queensland.”