‘Queensland’s mining focus threatening wages’
In the recent CPD report All boom, no benefit? author Laura Eadie found that Queensland average household wages were around five per cent lower than the Australian average. Despite decades of mining development and a resource focused economy Queensland is not performing at the national level and may be in trouble with a new era of resource prices and global growth.
“Ms Eadie said Queensland should not look to balance mining with other industries, but instead transition into “a modern economy”.”
All boom, no benefit? recommends Queensland adopt a new economic strategy that focuses less on attracting capital investment, and more on promoting economic diversity.
Read the article at The Brisbane Times
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