Monday, 21 May 2018 Sydney

Tasmania leads in July retail trade growth::

Today’s ABS Stats show that Tasmania had the best growth rate in the nation for retail trade in July, up 0.5 per cent from June.

For the year to July 2017 Tasmanian retail trade experienced growth of 4.3 per cent in trend terms, making us the second highest ranking state in terms of yearly growth, behind only Victoria.

The July statistics also confirm 33 consecutive months of growth in the retail sector, and 14 months of growth above $500 million, with a nominal value of $523.4 million.

The Hodgman Liberal Government has a Plan to Build Your Future, and we will continue to work hard to create jobs and strengthen Tasmania’s economy.

Our 43 Point Plan sets our targets including increasing the number of apprentices and trainees by 40 per cent by 2025, and a 10 per cent increase in small business employment by 2022.

Retail trade has already grown by an astounding 13.9 per cent since the election of the Hodgman Liberal Government, and we hope to grow this even further.