Posted on 08. Apr, 2013 in News

The Napthine Government’s continuing failure to invest in Victoria has contributed to more than two years of falling job advertisements, with Victoria recording the worst figures for any state or territory in Australia, Shadow Treasurer Tim Pallas said today.

Today’s ANZ jobs advertisement research found the number of Victorian job advertisements continued to fall, recording a drop of -0.5 per cent for March or -44.6 per cent seasonally adjusted for the year to March – the worst of any state or territory in the country.

Mr Pallas said the trend figures were no better at -5.5 per cent for the month and -43.7 per cent for the year to March.

Mr Pallas said these were yet again alarming figures and further evidence that the no action, no plan Napthine Government continues to hurt business confidence and the economy.

“Month after month the Liberal National Government fails to invest in jobs, infrastructure, manufacturing and skills and in doing so the Victorian economy continues to go backwards,” Mr Pallas said.

“In two and a half years the Napthine Government has destroyed Victoria’s reputation as a state to do and grow your business.

“Victoria was the economic engine room of Australia until the Liberal National Government took office and put the Victorian economy to sleep with its do nothing, blame everybody else approach.

“The research shows job advertising in NSW rose for a second consecutive month as the Victorian economy goes backwards.

“Under the Napthine Government, Victoria continues to be the dead-weight of the Australian economy because of Mr Napthine’s inaction to create a jobs plan.”

Mr Pallas said the Government’s promise to create more than 50,000 jobs was nothing but a pipe dream and it is time Mr Napthine and Treasurer Michael O’Brien kick-started the economy instead of just talking about it.

“Mr Napthine may not want to work hard to create and protect jobs, but Labor does and that’s why we have developed a jobs and investment plan for Victoria,” he said.

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