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Powell Media Release – Palaszczuk’s agenda driving infrastructure investment south

Monday, 22 October 2018

In a damming new report Queensland has been ranked significantly below the Australian average for economic stability, ease of doing business and transparency when it comes to infrastructure investment.

LNP Shadow Infrastructure Minister Andrew Powell said the Infrastructure Investor and Developer Survey validated the growing anti-business and anti-investment agenda under Annastacia Palaszczuk and Labor.

“It is unacceptable that over four in every five investors said a lack of opportunities and the amount of regulation under Labor were challenging investment,” Mr Powell said.

“Investors are being driven south because the Palaszczuk Labor Government out rightly refuses to work with the private sector.

“Over a third of respondents ranked Queensland as either the worst in the nation or below average for ease of doing business.

“It’s not asset sales that are stopping investors coming to Queensland, it’s an ideologically driven Labor Government.

“Under an LNP Government, no state asset will be sold or leased.

“An LNP Government would provide the policy certainty and the right investment settings to once again become an attractive investment destination.

“Families are hurting under the nation’s highest unemployment rate, plummeting levels of business confidence and skyrocketing household bills.

“Nearly four years of the Palaszczuk Labor Government is hitting Queensland families hard.

“Whether it’s the return of ambulance ramping, the stress of job insecurity, gridlocked roads or a failing train system – it all adds up to make the lives of Queenslanders harder.

“After the Palaszczuk Labor Government’s $9 billion cuts to infrastructure, we are now experiencing the worst congestion ever recorded in Queensland’s history.

“Annastacia Palaszczuk’s anti-investment agenda is set by the unions for the unions.

“With five new taxes this year alone, these damning results prove once again that you can’t tax your way to growth.”

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