Tasmanian Liberals

Tasmanian Liberals

2017-18 Budget

Budget 2017

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Tasmania’s Budget 2017-18: Building Tasmania’s Future

The 2017-18 Tasmanian Budget has some important initiatives and projects, particularly for Denison.

Tasmania has come a long way in the last three years. Our economy is now forecast to grow at the fastest rate in 10 years, our budget is back in balance, more than 6,400 new jobs have been created and our unemployment rate has fallen to 5.8%, around the National average.

The Budget is in surplus by $54.3 million this year and forecast to be in balance for every year across the forward estimates, with a cumulative surplus of just over $200m.

More detailed information on the State Budget and our commitments can be found at www.premier.tas.gov.au/budget_2017.

Some highlights of the 2017-2018 State Budget include:

Youth Employment
$25 million has been allocated to invest in projects to support 7600 young Tasmanians into jobs.  This will include:
• $17.1m in payroll tax relief for business which employ apprentices, trainees and young people;
• $4,000 grants to small businesses to take on apprentices, trainees and young people;
• $4.1m to fund a Jobs Action Package;
• $600,000 Whitelion Work Ready program for high-risk young people aged between 16-24; and
• $1.1m Workforce for Now and the Future initiative, including the Driving for Jobs trial to help young people get a driver’s licence.

The health of Tasmanians is a top priority, which is why the Government is boosting health spending by a record $658 million over four (4) years.  This will be allocated to building better hospitals and health services, significantly increasing bed numbers, and employing more nurses and doctors. 
For Greater Hobart this means $76.6m for 59 hospital beds and staff including:
• RHH Emergency Department (10 beds);
• RHH Intensive Care Unit (2 beds);
• Roy Fagan Centre (10 beds);
• Hobart Private Hospital (8 beds); 
• the Repatriation Hospital (22 beds); 

In the Northern suburbs $6.7m is being spent on the New Glenorchy Health Centre.

The Government’s goal is to lead the nation in education, create a job-ready generation and give our children the best opportunities possible, and this is being supported by a record $6.36 billion over four (4) years in education and training. 
Schools and institutions in Denison to be included in the funding are:
• Hobart College ($2.5m);
• Lenah Valley Primary ($3m);
• Taroona High ($5m);
• Lansdowne Crescent Primary ($4.73m);
• Austins Ferry Primary ($5.5m);
• Windermere Primary ($5.5m); and
• TasTAFE Drysdale ($3.2m) to become a Centre for Excellence in hospitality.

The State Government has also maintained our commitment to $134m of additional (Gonski) funding over 6 years.

Cost of Living
• Capping electricity prices to protect households and small businesses from national electricity price bill shock – saving average households around $300 per year;
• $60m to councils for TasWater returns – the State Government takeover will save average customers up to $550 over 6 years;
• New Housing Incentive Package, including extending the $20,000 first home builder’s grant and stamp duty relief for house and land package purchase.

Neighbourhood Houses
Tasmania’s Neighbourhood Houses will receive a $25,000 boost in funding to support their valuable work in our local communities.
For Denison, this means a total of $100,000 for our four (4) fabulous Community Houses:
• Bucaan Community House (Chigwell) - $25,000
• Karadi Aboriginal Corporation - $25,000
• Goodwood Community House - $25,000
• West Moonah Community House - $25,000

New Moonah Youth Facility
$4.9m has been included for the construction and operation of the new Moonah Youth Facility.
The new short-term accommodation facility will target young people under the age of 16 years who are at risk of, or are already experiencing, homelessness.

St Vincent de Paul
Loui’s Food Van will receive an extra $20,000 in funding - taking the total additional funding provided to Loui’s Van under this State Government to $80,000 in total.  This is enough to make a significant difference to Vinnies and all the wonderful volunteers who give up their time to support this much needed service in the south.

Sport and Recreation
• $250,000 to upgrade lighting and amenities at Tasmania’s rugby headquarters, Rugby Park, which has traditionally catered for a male-dominated playing population but will now include women’s facilities; and
• $250,000 to Basketball Tasmania will support school clinics for thousands of children across the State, with $105,000 going to the Hobart Chargers’ school clinics.