State ranks fifth

Central and North Burnett Times - - NEWS -

A SOFT job mar­ket and un­der­per­for­mance on pop­u­la­tion growth are stran­gling Queens­land’s home con­struc­tion sec­tor, the lat­est Comm­sec State of the States re­port has re­vealed.

Queens­land has fallen fur­ther be­hind Vic­to­ria on the na­tion’s eco­nomic rank­ings de­spite lead­ing the coun­try on con­struc­tion work.

There was $11.8 mil­lion of con­struc­tion in the state over the past quar­ter – up 10.7% on its decade av­er­age.

But Queens­land’s over­all po­si­tion has been marred by an equal-bot­tom rank­ing along­side Tas­ma­nia for its 6.5% un­em­ploy­ment rate and sixth place for its 1.49% pop­u­la­tion growth – down 30.2% on its decade av­er­age.

Queens­land ranked fifth of the eight states and ter­ri­to­ries on home con­struc­tion.

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