Fund in collaboration with the Australian Government. It will help meet the eradication costs of the recent fruit fly incursion and importantly boost our capacity to respond to future threats. We will invest $7 million in capital upgrades to modernise our research $5 million in building an Agricultural Centre of Excellence, $3.7 million into the Weeds Action Fund and $1.8 million in competitive grants funding for the Landcare Action Fund. Madam Speaker, One of our State’s strengths is the aquaculture industry and we are unashamedly its strongest supporter. This Budget invests more than $13 million for the aquaculture industry, including $5.1 million to support an industry-led abalone industry productivity improvement program and $5 million to develop the Government’s fisheries integrated licensing and management system. Madam Speaker, One of our major employers is the resources sector and our forestry and mineral exports are of significant importance to our economy. The Government has worked hard to get the forestry sector back on its feet and significant investments are occurring once again. For the mining sector the identification of new ore deposits is central to its future sustainability and the jobs that it supports. Exploration is key and this, the Budget provides $2 million for mining exploration grants that will support up to 20 drilling projects to identify new mineral resources that will open up opportunity and underpin the future of mining in Tasmania. Madam Speaker, We all know Tasmania’s tourism sector is a runaway success. Be it MONA, or the Great Eastern Drive, Cradle Mountain, the rugged beauty of the West Coast or the world-class vineyards of the North East, Tasmania now has the world beating a path to our door. For a state that in the past has often been left off the map, we are now the destination that everyone wants to visit, and our accommodation sector is in overdrive to keep up with demand. In recent years, the level of investment in visitor accommodation has been phenomenal, with new offerings around the state such as MACq 01, Ibis, Pumphouse Point and the recently completed Silos Hotel. There are hotels in planning or under construction in Hobart, Launceston, Devonport, the Tasman Peninsula and the East Coast. It really is a very exciting time to be in the Tasmanian tourism industry. This Budget contains $72 million to fully develop the potential that exists at Cradle Mountain to create what we believe will be an experience in the North that will be as important as MONA is in the South.
Fund in collaboration with the Australian Government. It will help meet the eradication costs of the recent fruit fly incursion and importantly boost our capacity to respond to future threats. We will invest $7 million in capital upgrades to modernise our research $5 million in building an Agricultural Centre of Excellence, $3.7 million into the Weeds Action Fund and $1.8 million in competitive grants funding for the Landcare Action Fund. Madam Speaker, One of our State’s strengths is the aquaculture industry and we are unashamedly its strongest supporter. This Budget invests more than $13 million for the aquaculture industry, including $5.1 million to support an industry-led abalone industry productivity improvement program and $5 million to develop the Government’s fisheries integrated licensing and management system. Madam Speaker, One of our major employers is the resources sector and our forestry and mineral exports are of significant importance to our economy. The Government has worked hard to get the forestry sector back on its feet and significant investments are occurring once again. For the mining sector the identification of new ore deposits is central to its future sustainability and the jobs that it supports. Exploration is key and this, the Budget provides $2 million for mining exploration grants that will support up to 20 drilling projects to identify new mineral resources that will open up opportunity and underpin the future of mining in Tasmania. Madam Speaker, We all know Tasmania’s tourism sector is a runaway success. Be it MONA, or the Great Eastern Drive, Cradle Mountain, the rugged beauty of the West Coast or the world-class vineyards of the North East, Tasmania now has the world beating a path to our door. For a state that in the past has often been left off the map, we are now the destination that everyone wants to visit, and our accommodation sector is in overdrive to keep up with demand. In recent years, the level of investment in visitor accommodation has been phenomenal, with new offerings around the state such as MACq 01, Ibis, Pumphouse Point and the recently completed Silos Hotel. There are hotels in planning or under construction in Hobart, Launceston, Devonport, the Tasman Peninsula and the East Coast. It really is a very exciting time to be in the Tasmanian tourism industry. This Budget contains $72 million to fully develop the potential that exists at Cradle Mountain to create what we believe will be an experience in the North that will be as important as MONA is in the South.
2018-19-Budget-Speech.docx