In the past ten years, the euro area created more than 2 million jobs in excess of the number created over the same period in the US economy. The third asset is a group of factors that have made our real economies in Europe successful in recent years: our openness to trade; our balanced and dynamic business structures; our talented and well-trained workforces.
Visitor numbers are recovering and investment is in an upswing, with Tasmania set to play an important role in Australia's energy transition. On the other side of the ledger, though, household budgets are under strain from cost-of-living pressures, the rental market is very tight and many firms are finding it hard to find workers.