Federal Government inspiring Coast, says business leaders

SUNSHINE Coast business and tourism leaders have credited the new Federal Government with a boost in business confidence across the region.

The Chamber of Commerce and Industry Queensland business survey for the September quarter has revealed business confidence on the Sunshine Coast is among the strongest in the state.

The CCIQ said the federal election result had contributed to the rise in the economic outlook, along with renewed confidence in the tourism industry.

For the September quarter, the national index rose by 17.5 to 65.5, while Queensland's climbed by 12.9 to 63.3.

Regions with strong tourism industries recorded the biggest jumps in confidence on the back of the state of the Australian dollar.

Have you noticed a boost in business confidence on the Sunshine Coast?

This poll ended on 05 November 2013.

Current Results

Yes - it's unmistakable

20%

No - I think they're overstating things a bit

46%

I have a bit. It could be better

12%

Business confidence?

20%

This is not a scientific poll. The results reflect only the opinions of those who chose to participate.

The Sunshine Coast's confidence index rose to 63.3 points - the third highest in Queensland behind the Gold Coast (64.2) and Far North Queensland (66.9).

CCIQ Sunshine Coast and Wide Bay regional manager, Kimberly Lynch, said the Tony Abbott government had received strong backing from the business community because of key promises.

She called on the government to deliver on its pledges to cut company tax, repeal the carbon and mineral resources rent taxes and deliver key infrastructure such as the Bruce Highway upgrade.

Mooloolaba Business and Tourism president Peter Foran said the Coast tourism industry was in its best state in five years.

"As soon as the election was over, the phones started ringing," he said.

"Quite a few of the resorts at Mooloolaba are already booked out for Christmas. Bookings are looking much healthier than last year.

"As soon as the change in government was confirmed, things changed."

Mr Foran said the local tourism industry would be further aided if the Australian dollar - which was at US95c yesterday - dropped to about US80c.


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