Queenslanders, according to Mr. Dick, are regaining confidence in their ability to spend and return to work. Mr Dick claims that consumer sentiment is at an all-time high.
Queensland’s economy is outperforming the rest of the country in key measures as the Omicron wave fades, but an economist warns of two potential dangers later this year.
Queensland was three points ahead of Western Australia, according to the Westpac and Melbourne Institute Consumer Sentiment Index study, which was released on Wednesday.
Payroll jobs – employee jobs paid through payrolls — increased by 2.1 percent in the first two weeks of January, according to Australian Bureau of Statistics statistics released this week, the highest in the country.
Following a 6.8% drop in the previous two weeks, the country averaged a 1% increase.
“Queensland has the fastest-growing payrolls in the country. It’s more than double New South Wales’ increase and five times Victoria’s increase “he stated