Guess what’s driving economic growth?

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15 January 19, 2:26pm #Seismic surveys have been used by the #oilandgas sector for decades in #Australian waters with no evidence of harm… https://t.co/HHygzHrCpH
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by APPEALtd
27 December 18, 1:02pm An efficient global carbon market is essential, says Australia's oil and gas industry https://t.co/GCbLVZLqWk #LNG
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by APPEALtd
21 December 18, 1:22pm #LNG exports are vital to Australia’s economic growth and play an important role in reducing CO2 #emissions globall… https://t.co/7F7v1GtLM9
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by APPEALtd
20 December 18, 9:22am Enter now: 2018 Environment and Safety Excellence Awards highlight #safety and #environmental excellence and reward… https://t.co/8dUPHbA3OI
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by APPEALtd

If you’ve ever wondered what really makes a difference to economic growth in your state, a new Deloitte Access Economics report on how natural gas projects benefit state and territory economies might be a powerful reminder of why you support the industry.

In Queensland for example, $65 billion worth of natural gas mega-projects are behind an anticipated major economic boost as they will soon deliver cleaner energy to Asian markets and generate significant royalties for governments. That’s funding that will help pay for much-needed hospitals, schools and roads.

Queensland’s gross state product, the regional version of gross domestic product, is expected to grow around 3% this year then climb to 5% in 2015-16.

Similarly, the Northern Territory where the $34 billion Ichthys LNG project is under construction is tipped to post 5.5% growth this year then fall back to 4.5% the following year.

In Queensland and the NT, bi-partisan support and strong political leadership have set a sound platform for growth. By comparison, states with bans on natural gas exploration are at the bottom of the economic growth league table.

Both NSW and Victoria have a forecast rise of 2.8 % this year dropping back to 2% in 2015-16.

Jobs and our economic prosperity can’t be taken for granted.

Please encourage your family and friends to get behind gas for growth at www.ournaturaladvantage.com.au.

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