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Poll: business confidence falling in regional NSW

Gibralter Street, Bungendore.

Infrastructure promise ignored, millions unspent

THE LATEST SENSIS Business Index report found business confidence in regional NSW had fallen 20 points to 34, which is below the national average.

Shadow Treasurer Ryan Park said the figures should serve as a wake-up call for the Berejiklian-Barilaro government as business confidence drops.

Deputy Premier and local National Party Member for Monaro John Barilaro has been called to account with the report also finding that in just 12 months, NSW has dropped from first to third place in terms of business confidence by state.

Shadow Treasurer Park charges that local businesses in particular are being neglected by a state government that has been ineffective in supporting the regions. “The Liberals and their junior partners, the Nationals, have failed regional NSW,” he said. John Barilaro professes to be the small business champion but he has been completely ineffective in ensuring that regional NSW gets its fair share. “

This refers to the State Government’s failure to fulfil its promise that 30 percent of funds from Restart NSW be spent on regional infrastructure projects. Regional businesses could benefit from support for innovative projects, help with lowering youth unemployment and public infrastructure that goes beyond just supporting another freeway project.

Restart NSW’s annual report last year found it to be just 14 percent, robbing the regions of a half a billion dollars.

Passenger trains OK though

Editor’s note:  We don’t know whether NSW has been pouring extra money into the regional passenger train network connected to Sydney, but we have to give credit as due:  with a voice booking system notable for lack of queues; good value, some might say cheap fares; and, trains that run on time with good service.

 Gibraltar St, Bungendore. Credit: Grahamec, Wikipedia, CC BY-SA 3.0

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