Labor has shut down private sector growth in capital

Thursday, 05 June 2014

Federal Liberals Peter Hendy, Angus Taylor and Zed Seselja say Labor has shut down private sector growth in the national capital.

When the Howard Government left office in 2007, some 60 percent of the labour market was employed by the private sector in the Australian Capital Territory.  This had grown from around 50 percent when John Howard took office.  This was a great achievement, strengthening the ACT economy.  Kate Carnell’s Government played a key role in facilitating this improvement.

Unfortunately Katie Gallagher’s Labor Government, together with their Federal Labor colleagues, has overseen a reversal to around 50 percent employment, again.

This has returned the capital to the bad old days of a “one-company town”. It makes the ACT economy overly reliant on Federal public sector decisions. 

Instead of building on the accomplishments of the Howard and Liberal ACT governments, ACT Labor Governments have weakened the private sector in the capital.

We should be ambitious not reactionary.  For Australia as a whole, 84 per cent of employment is in the private sector. And this is what we should be aspiring to for the Canberra region.

Katie Gallagher’s Government should be focussed on building a stronger private sector as this will be the source of future growth and prosperity.

Federal Member for Hume Angus Taylor speaking on this in Federal Parliament earlier today:

https://www.youtube.com/watch?v=aQxHseDBQw4&feature=youtu.be