Key Wins From The State Budget At A Glance

PREMIER Peter Gutwein is committed to building our way out of this economic crisis, and Tasmania’s State Budget makes good on that pledge with construction put at the centre of our recovery strategy.

Key wins from the Budget include: 
  • $10 million in grants to unlock private investment in construction. Like HomeBuilder for commercial construction, this grant aims to unlock private investment through targeted public stimulus
  • $300 million for social housing – including $100 million already announced, $50 million for new projects and $35 million extra under the Affordable Housing Action Plan
  • $20 million over two years for home building grants.
  • $1 million extra for the Office of the Co-Ordinator General to assist in fast tracking projects into the pipeline and oversee the rollout of the ambitious infrastructure program which the State Government says will generate at least 6000 jobs.
  • $3.5 million for the state’s land titles office to hurry up the release of new land for residential building, to support the implementation of the government’s regulatory reforms.
  • $500,000 for the Planning policy unit to review land use strategies and identify impediments to urban growth and residential development
  • $2.5 million to encourage women into trades. $400,000 of which is earmarked for greater engagement between industry and the government to boost female participation.
  • $7 million to build a trades and water training facility to boost trade training in construction.
  • $21 million under JobTrainer to ensure as many Tasmanians as possible can skill-up to deliver the construction blitz.
  • $15 million for energy efficiency upgrades to State government public housing stock.

MORE: Builders Block: HomeBuilder Timeline Pressures Push Industry To Brink

Major construction commitments including those that have already been announced are spread across the regions and include:
  • A mini BER style education facility construction program including $28 million for construction of 6 new child care facilities, $40 million for the Brighton High School (South region), $20 million for the Cosgrove High School (south region) and $25.3 million for the Sorrell school also in the South. The North West gets $18 million for the Penguin District School, $9.9 million for the Devonport High School and $24 million for the Legana Primary School.
  • $222 million for TasTAFE infrastructure
  • A boost of transport infrastructure (mainly roads) from $3.6 billion to $5 billion over the next 4 years. Projects including $65 million for Tasman Bridge upgrade; $37 million for the Hobart-Sorell corridor; $10 million for upgrades to Bass Highway; $4 million for West Tamar Highway.
  • $89 million for the next stage of the Royal Hobart Hospital Redevelopment, the first tranche having been delivered by the Fairbrother John Holland Joint Venture.
  • $79.8 million for the Launceston Hospital
  • A further $3.7 million for the redevelopment of the RHH pharmacy.
  • $5.15 million for upgrades to the North’s air corridor – Launceston Airport.
  • $8 million for a ‘wilderness railway’
  • $19.4 million to build a walk in the Tyndall Ranges.
  • $10 million for the State’s south air corridor at Hobart Airport.
  • $33.2 million of traffic upgrades in the highly populous northern region areas of the Tamar Valley and Launceston.
  • $44.6 million over three years for a prison in the north.
  • $33 million for justice sector projects, including infrastructure to accommodate for increased prisoner numbers
  • $5.2 million from the sale of Elizabeth Pier to support the Mac Point development
  • Millions in tourism facility upgrades.