Big bucks bolster
The Government has announced it will honour a pre-election commitment to Tasmania by providing more than $100 million in an economic package to the State.
Deputy Prime Minister and Minister for Infrastructure and Regional Development, Warren Truss said the package was in addition to other initiatives associated with the Government's Economic Growth Plan for Tasmania.
Mr Truss said major initiatives under the plan included $38 million to expand Hobart International Airport; securing Hobart as a world centre for Antarctic and Southern Ocean Research and investing $400 million in the upgrade of the Midland Highway.
He said a Tasmanian Major Projects Approval Agency would be created to act as a one-stop-shop for new major projects requiring Commonwealth approvals.
“Through the Economic Growth Plan for Tasmania, we will implement a jobs program that will provide a payment of $3,250 to Tasmanian businesses hiring long-term unemployed job seekers,” Mr Truss said.
“We will implement a Productivity Commission review into Tasmania's shipping costs, the competitiveness of Tasmania's freight industry structure and the equity and effectiveness of the Tasmanian Freight Equalisation and the Bass Strait Passenger Vehicle Equalisation Schemes.”
He said support for long-term regional Forest Agreements would be maintained and the promotion of the fruit and vegetable industry would be expanded by the creation of a Fruit and Vegetable Industry Taskforce.
“Funding of a long list of planned projects supports the economic development of Tasmania and provides much-needed certainty to local businesses and communities,” Mr Truss said.
“All projects will be subject to the Government being satisfied that the project represents value for money following an assessment and risk analysis.”
The full list of projects can be viewed at this PS News link.
Edition 385, 29 October 2013