Stay the course today, change tomorrow
Queensland Business Outlook: Budget FY19/20
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The economic fundamentals that make Queensland strong equally expose the state – and its balance sheet – to disruption and change.
This exposure to the economic whims of the global economy positions Queensland at the forefront of both good times and bad. All the while, Queensland’s economy has to ride the wave of uncertainty and broad economic change.
This year the signs of change are beginning to creep into Queensland’s 2019-20 Budget. To secure jobs and growth for the future will require Queensland to tackle the twin forces of disruption confronting the state - technological change and the economic consequences of global climate change.
While ‘staying the course’ is a safe strategy for managing an economy in the short term; the reality is that change is something Queensland can count on. Queensland’s changing production mix, in part technological advancements and in part the benefits of agglomeration economies in our cities, has been a key contributor and will inevitably continue to change the economy.
Download our detailed document that considers each sector and the essential levers the Government, together with business and the community must action.
Staying the course - good for now - but Queensland must count on change: DeloitteRead the media release
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