Consumer confidence soars in Qld
QUEENSLAND has seen a massive 17.5% jump in consumer confidence in November for a 12-month record high reported by Westpac-Melbourne Institute yesterday.
Acting Premier Andrew Fraser said confidence was back in a big way in Queensland with the index reaching over 100 points for the first time since the natural disasters.
"Across four of the report's five findings, Queensland scored strong increases with 'economic conditions over the next 12 months' recording an exceptional rise of 61.3%," Mr Fraser said.
"This result backs the government's economic forecast of strong growth over the next five years.
"Queenslanders don't have to take my word for it though with a litany of recent credible reports backing up government's position.
"These are the facts - and they cannot be denied in pursuit of any preconceived agenda."
Mr Fraser said the Bligh Government had worked hard through the GFC and natural disasters to maintain an environment that was supportive of business.