26 September 2023

Premier points way to recovery

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The Premier has outlined the next phase of Queensland’s economic recovery plan.

Annastacia Palaszczuk said that economies around the world had been impacted by the global pandemic, but Queensland’s strong health response meant the State was well positioned to move to the next stage of economic recovery.

“The plan will guide our priorities as we rebuild and strengthen the Queensland economy not only in the short term but over the years to come,” Ms Palaszczuk said.

“It has been developed after extensive consultation with industry stakeholders and regional communities and identifies priority areas beyond immediate stimulus for our future focus.”

She announced nearly $200 million in initiatives underpinning the joint focusses on protecting health and economic growth.

“We need to be looking at new opportunities to support and grow our regional economies, create a competitive environment for business to thrive and invest and secure the jobs of the future,” the Premier said.

“Queensland’s regions have told us they see energy as a key part of diversifying their economies and attracting new industry. Energy means jobs.”

Ms Palaszczuk announced the creation of three Renewable Energy Zones located in southern, central and northern Queensland.

“With the right support from Governments, these zones will help connect new renewable energy to our power network, and attract industries wanting new energy to a series of connected commercial and industrial power hubs across the State,” she said.

The Premier also said more was needed to support Queenslanders’ mental health because of the toll the pandemic was having on people.

She announced six priority areas: Safeguarding health; backing small business; growing manufacturing; investment in infrastructure; helping Queensland’s regions grow, and driving sustainable economic prosperity.

The 57-page Economic Recovery Plan can be accessed at this PS News link.

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