The latest plan to help Queensland develop and grow could help create over 33,000 new jobs across the state and generate a huge $8.1billion in gross profits across the region. Through the investment in infrastructure and reduction in the overall cost of living, Treasurer Tim Nicholls said these new jobs would be created between 2015/16 and 2027/28.
This could be brilliant news for owners of Caboolture real estate, especially with the potential for local economic growth to occur throughout the Moreton Bay region.
"Our $8.6 billion series of infrastructure investment funds would generate 25,000 new jobs and our proposed $3.4billion cost of living fund would support a further 8,600 jobs," said Mr Nicholls in a 16 October statement.
Significant boosts to the Queensland economy is the ultimate goal of these developments. The state economy has already been showing signs of significant recent improvement. For example, the latest ANZ/Property Council Survey for state confidence found Queensland recorded its fifth consecutive quarter where the index was above the national average.
As the nation continues to grow, securing property in a strong region is a great way to prepare for future developments. Get in touch with a local real estate agent to begin searching for a Caboolture property for you and your family today.