Tasmania given jobs boost from joint government and business investment
12 March 2015
Tasmania’s economy is to be boosted by the creation of 400 jobs thanks to a A$40m (£20m) joint investment from local business and the Australian government.
Thu, 12 Mar 2015Tasmania’s economy is to be boosted by the creation of 400 jobs thanks to a A$40m (£20m) joint investment from local business and the Australian government.
In a statement yesterday [11 March], Australia’s government announced the investment is to be made up of $13m from the Australian Government Innovation and Investment Fund and $27m from local businesses.
Announced in October 2013, the fund supports the implementation of the Australian government’s Economic Growth Plan for Tasmania.
Australian minister for industry and science Ian Macfarlane added in the statement 41 businesses across the State will receive from $50k to $1.4m to strengthen operations, “making them more competitive by investing in technology, modernisation and building capacity”.
In a statement yesterday [11 March], Australia’s government announced the investment is to be made up of $13m from the Australian Government Innovation and Investment Fund and $27m from local businesses.
Announced in October 2013, the fund supports the implementation of the Australian government’s Economic Growth Plan for Tasmania.
Australian minister for industry and science Ian Macfarlane added in the statement 41 businesses across the State will receive from $50k to $1.4m to strengthen operations, “making them more competitive by investing in technology, modernisation and building capacity”.
