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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 6400 new jobs have been created and our unemployment rate has fallen to 5.8 per cent, around the national average.

The outlook is positive, the Tasmanian economy is expected to grow by 2.5 per cent in 2017-18, which is stronger than the long-term average.

Our long term Plan is working. Together with business and the community we’ve turned the State around and now we’re building Tasmania’s future. But there is a long way to go. Along with a good education, every Tasmanian deserves a job which is why we’re investing almost $25m into projects to support 7600 young Tasmanians into jobs, including:

  • $17.1m in payroll tax relief for businesses which employ apprentices, trainees and young people. This measure will encourage employers to expand their workforce by taking on young Tasmanians.
  • $4000 grants to small businesses to support apprentices and trainees. Taking on a new employee to train can be expensive, this pilot program will support small businesses to expand their number of apprentices.
  • $4.1m to fund a Jobs Action Package, including the “Jobs Bus”. In partnership with TasCOSS and the TCCI we will remove barriers which limit employment opportunities for young people.
  • A $600,000 Whitelion Work Ready program for high risk young people aged between 16-24.
  • $1.1m Workforce for Now and the Future initiative, including the Driving for Jobs trial to help young people get a driver’s licence by blending driver training with education and vocational training.
Gross State Product