The latest data from the Australian Bureau of Statistics shows the value of construction in Queensland continues to plummet under the Palaszczuk Labor Government.
Liberal National Party Leader Deb Frecklington said the falling value of building construction reflected Labor’s mismanagement of the Queensland economy.
“A strong construction industry means jobs for Queenslanders, but this is the third consecutive quarter that the value of building work has dropped,” Ms Frecklington said.
“On trend terms, building approvals have fallen every single month since February last year so it’s clear that things are only going to get worse on Labor’s watch.
“There is less and less construction in the pipeline to keep the industry strong and no construction means no jobs.
“The value of building work is plummeting at the same time Queenslanders are suffering from a trend unemployment rate of 6.3 per cent – well above the national average.
“The Palaszczuk Labor Government’s only plan for Queensland is taxes, debt and unemployment.
“Only the LNP has a plan to secure the future of Queensland’s economy and provide the services and infrastructure that Queenslanders need.”
- Queensland’s trend value of building work done dropped 2.85 per cent for the quarter, a fall of more than $150 million
- This is the third consecutive quarter that the value of building work done has dropped in Queensland