More than 90 local business owners and community representatives gathered at the Noosa Boathouse last week to hear from LNP representatives at an economic forum organised by Noosa Chamber of Commerce and Industry.
Speakers Shadow Minister for Finance, Senator Jane Hume and Shadow Assistant Minister for Finance James McGrath were invited to Noosa by LNP candidate for Noosa Clare Stewart to share their expertise and insights on economic issues facing the region and the country, with a focus on cost of living and inflationary pressures.
Senator Hume, chair of the Select Committee on the Cost of Living, spoke about the critical economic challenges facing Australians and the need for monetary policy and fiscal policy to be working in the same direction to reduce inflation.
Ms Stewart provided insight into the local economic challenges, particularly highlighting the unique issues facing Noosa’s community and small businesses.
“Noosa is not immune to the broader national challenges. We face critical labour shortages, inflation rates that stretch budgets, and a housing market that increasingly burdens our residents and workers“ she said.
“As of March 2024 the median sale price of dwellings in Noosa was $1.25 million, starkly contrasted with the state median of $650,000. This disparity is not just a statistic – it’s a pressing issue for families, young professionals and our essential service workers. It is crucial that we find innovative solutions to ensure sustainable growth and inclusivity in our local economy.“
Chamber president Ralph Rogers said the Chamber was committed to fostering a dialogue that supports and advocates for our local businesses.
“These discussions are vital for understanding and navigating the economic landscape we operate in,“ he said.
“We are determined to ensure that our local economy is not left to the mercy of those who may not understand or care about the potential impacts of poorly thought-out policies and actions. In a landscape where no one wants to take responsibility for shaping our local economy, it is imperative that we collectively step up and take action.”
“A healthy community requires a healthy economic environment where small and medium sized businesses can thrive. We are committed to seeing Noosa flourish economically for the wellbeing of our members and the broader community.”
