Australia creates 4000 new jobs every week
03 May 2015 by News Desk
Australia created 4,000 new jobs every week in 2014, a three-fold growth in employment compared to 2013.
During a speech to Australia’s Chamber of Commerce and industry, Prime Minister Tony Abbott highlighted the growth in the country’s economy and the steps his government is taking to improve the lives of Australians.
“Household spending is growing at the fastest rate in almost three years and retail sales have risen for nine consecutive months,” he said. “Housing approvals are up 14 per cent over the past year to near record levels. Export volumes are up by a strong seven per cent in the past year. Importantly, in 2014, new company registrations – most of which were small businesses – were the highest on record.
“Fuel prices are the lowest in years, interest rates are low and stable, and we have a lower exchange rate, making our exporters and manufacturers more competitive – and all these factors are contributing to economic momentum.
“Since the election, we have cut business regulation costs by $2.4 billion and given environmental approval for new projects worth over $1 trillion. We have signed free trade agreements with our three biggest trade partners covering more than 60 per cent of our merchandise exports. These agreements are opening up the largest markets in the world to Australian businesses.
“Over the past 18 months, the Government’s priority has always been jobs and growth – to give all Australians more confidence in our country’s future. Our plan means building a stronger budget for a stronger economy because that means more jobs and more prosperity for everyone. Our plan has already made it easier for Australians to work; easier for businesses to compete; and easier for families to raise their standard of living”.
Darrell Todd, CEO of thinkingaustralia, says: “The rising growth of the economy will continue to make Australia the number one preferred destination for migrants seeking to ‘live the dream'”.
