Jorge Branco reports in the Brisbane Times (2.5.16) on Queensland’s economic performance as recorded in the latest CommSec State of the States report. He notes that Treasurer Curtis Pitt has again questioned the methodology behind the report’s findings, pointing to other research which paints a brighter picture for the state’s economy.
‘Queensland has leap-frogged Australia’s other mining-heavy state to wedge itself firmly in the middle of the nation’s state economies.
‘The state replaced Western Australia in fifth place on the latest CommSec State of the States report, released Monday, but remained a long way off the powerhouses of New South Wales and Victoria and just behind the Northern Territory.
‘Queensland Treasurer Curtis Pitt again criticised the report, claiming it was “inconsistent” with other data.
‘Instead, Mr Pitt hoped voters would look to the Deloitte Access Economics Business Outlook, which in March predicted Queensland would be “near the front of the state pack” for growth over the next five years.’