{"id":205129,"date":"2018-03-26T22:06:35","date_gmt":"2018-03-26T12:06:35","guid":{"rendered":"https:\/\/southburnett.com.au\/news2\/?p=205129"},"modified":"2020-08-05T14:09:12","modified_gmt":"2020-08-05T04:09:12","slug":"mayor-says-economy-in-great-shape","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2018\/03\/26\/mayor-says-economy-in-great-shape\/","title":{"rendered":"Mayor Says Economy &#8216;In Great Shape&#8217;"},"content":{"rendered":"<figure id=\"attachment_205131\" aria-describedby=\"caption-attachment-205131\" style=\"width: 740px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2018\/03\/20180326toowoomba.jpg\"><img loading=\"lazy\" class=\"wp-image-205131\" src=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2018\/03\/20180326toowoomba.jpg\" alt=\"\" width=\"740\" height=\"460\" srcset=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2018\/03\/20180326toowoomba.jpg 620w, https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2018\/03\/20180326toowoomba-300x186.jpg 300w\" sizes=\"(max-width: 740px) 100vw, 740px\" \/><\/a><figcaption id=\"caption-attachment-205131\" class=\"wp-caption-text\">Toowoomba Mayor Paul Antonio delivering his annual State Of The Region address at a Toowoomba and Surat Basin Regional Enterprises meeting last Thursday night (Photo: TSBE)<\/figcaption><\/figure>\n<p><strong>March 26, 2018<\/strong><\/p>\n<p>Toowoomba Regional Council Mayor Paul Antonio believes Toowoomba&#8217;s regional economy is in great shape.<\/p>\n<p>Last Thursday night the Mayor delivered his annual State of the Region address to a crowd of more than 200 at the Toowoomba and Surat Basin Regional Enterprises evening.<\/p>\n<p>&#8220;Our strength as a region is our diversity,&#8221; Mayor Antonio said.<\/p>\n<p>&#8220;We are not dependent on any one industry for our survival, and that is why the economic indicators are all looking healthy.&#8221;<\/p>\n<p><strong>Mayor Antonio said Toowoomba&#8217;s unemployment is sitting under both the state and national average at 5.23 per cent (national 5.5 per cent; state 5.9 per cent).<\/strong><\/p>\n<p>In addition, Toowoomba&#8217;s Gross Regional Product had increased by 3.6 per cent over the previous 12 months to $9.8 billion.<\/p>\n<p>&#8220;We are being buoyed by the remarkable investment opportunities coming our way,&#8221; the Mayor said.<\/p>\n<p>&#8220;Our Toowoomba Region together with the Darling Downs is an economic powerhouse.<\/p>\n<p>&#8220;We have some of the best agricultural land in Australia and our region is a major coal seam gas service hub.<\/p>\n<p>&#8220;We are fast becoming a major transport and logistics hub, and are developing as an innovator in communications.&#8221;<\/p>\n<p><strong>Mayor Antonio said the Toowoomba Regional Council is and must always be the strongest voice for the region.<\/strong><\/p>\n<p>&#8220;As Mayor, I am always advocating to all levels of government and the private sector the benefits of developing projects in our area.<\/p>\n<p>&#8220;Infrastructure will be the enabler of productivity and economic growth for our region.<\/p>\n<p>&#8220;Our region will need further investment to keep up with our growing importance as a transport and logistics hub.&#8221;<\/p>\n<p>Mayor Antonio also said attention needs to be paid to rail infrastructure outside of the Melbourne to Brisbane Inland Rail project.<\/p>\n<p>He also thought the State and Federal Governments should support the expansion of New Hope&#8217;s Acland Coal Mine to preserve jobs.<\/p>\n<p>The full text of Mayor Antonio&#8217;s address can be <a href=\"http:\/\/www.tr.qld.gov.au\/about-council\/news-publications\/media-releases\/13259-trc-mayor-delivers-state-of-the-region-address\" target=\"_blank\" rel=\"noopener\"><b>found online<\/b><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Toowoomba Regional Council Mayor Paul Antonio believes Toowoomba&#8217;s regional economy is in great shape.<\/p>\n","protected":false},"author":3,"featured_media":205131,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,22,3],"tags":[1131],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - 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