HomeMedia Releases LABOR WILL KILL JOBS, GROWTH AND RESOURCES BOOM IN TOWNSVILLE
LABOR WILL KILL JOBS, GROWTH AND RESOURCES BOOM IN TOWNSVILLE
By Nicholas Stanton,
Labor's vow to dismantle workplace reforms and rip up Australian Workplace Agreements, risks mining jobs and threatens to end Queensland's mining boom, Member for Herbert, Peter Lindsay, said today.
"If Labor forms government, rips up AWAs and restores union power, the resources boom which has been the source of so much prosperity in North Queensland, will end for sure," Mr Lindsay said.
Under Labor, Australia was held back by a high level of strikes: in 1996, 131.5 working days per one thousand employees were lost to industrial action. In 2006, just 14.6 days were lost.
A flexible industrial relations system has been a core factor in the increase in resources industry investment.
"Without the right economic conditions in Australia, resource companies will look to invest in projects elsewhere and North Queensland the rest of Australia will lose out," Mr Lindsay said.
Figures released last week by the Australian Bureau of Agricultural and Resource Economics, reveal in the last 12 months, the value of resource projects committed or under construction in Australia has risen by 66 per cent, which demonstrates the confidence of business in the Australian and the Queensland economy.
"All Labor can offer is predictions of doom in the mining and resource sector, with Mr Rudd offering old-ball suggestions such as managing Chinese investment funds and investing them in Latin-American property markets as an alternative,” Mr Lindsay said.
"This demonstrates once again why the people of Townsville should not risk Mr Rudd and Labor with our $1.1 trillion economy.”
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