Ms. Hammat asks about the Cook Labor government's progress on creating 125,000 jobs by 2025-26 and how investment in new industries is creating opportunities. The Premier responds that the target has been met early, citing strong economic performance.

AnsweredQoN 380Legislative Assembly
Asked
15 June 2023
Portfolio
Premier

QuestionView source ↗

JOBS
— LOCAL INDUSTRIES
380. Ms M.J. HAMMAT to the Premier:
Before I ask my question, on behalf
of the member for Southern River, I acknowledge the student executive of
Caladenia Primary School who join us today for question time.
I refer to the Cook Labor government's
renewed commitment to create local jobs for Western Australians, particularly
in developing industries.
(1) Can the
Premier update the house on the delivery of this Labor government's
election commitment to create 125 000 new jobs by 2025–26?
(2) Can the
Premier advise the house how this government's investment in new
industries and local manufacturing is creating new job opportunities?

AnswerView source ↗

(1)–(2) I
am very pleased to answer this question because in early 2017 Western Australia
had the nation's worst performing
economy. Our inheritance from the former government was the fiscal equivalent
of a rusty old Ford ute. It was a ute,
Madam Speaker! It had been thrashed to death. Debt was out of control,
unemployment was the highest in the country and there was no plan to
make it better. We had a plan—we made one! We came into government and
pursued it relentlessly. We turned around debt, we set a target for jobs and we
smashed it. At the last election, we set another jobs target. That one was even
more ambitious. We said that we would oversee the creation of 125 000 jobs by
2025–26. It was ambitious but it was responsible, and I am very pleased
to say today that that target has been met. I might observe that it has been
met nearly two years ahead of schedule. Today's jobs data confirms that
133 000 jobs have been created in Western Australia since 2021. Further to
that, more Western Australians are employed today than ever before. Employment
reached its highest ever level of 1.542 million last month. That is a phenomenal
achievement and a fantastic reflection of the resilience and the determination
of Western Australian businesses and workers. Our unemployment rate has
averaged 3.5 per cent over 12 months, the second lowest of all states. Our
participation rate also remains the strongest of all the states. This shows
that Western Australia is consistently the
best performing state in the country. It shows that our plan is working and it is not a flash in the pan result or a matter
of good luck; it is a sign that we are continuing to implement our plan
for Western Australia to continue to be the greatest state in which to live.
A strong economy requires ongoing
effort because we know that among the good news, there are also fresh
challenges—there is more to do. The impacts of the Reserve Bank's
interest rate increases and the wave of inflation needs to be ridden out by
households and businesses alike. A package of cost-of-living measures will go a
long way to addressing those challenges. We are continuing to diversify our
economy, creating the jobs of the future, and we will continue to make sure Western
Australia remains the strongest performing
economy in this country and the best place to live. We will continue to make
local jobs a priority and we will continue to help those who are doing
it tough. Our plan for jobs is working. We have reached our target, nearly two
years ahead of schedule.

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