Increased events funding to support tourism Mon 7 May 2012 Lara Giddings Premier Scott Bacon, MP Minister for Tourism The Premier, Lara Giddings, and Minister for Tourism, Scott Bacon, said today the upcoming State Budget would reaffirm the importance of the tourism industry to Tasmania's economic future. Ms Giddings said that the 2012/13 Budget would allocate an additional $5.2 million toward major events funding, bringing total events funding over the forward estimates to $18.3 million. "We know that hosting major events in Tasmania provides a huge boost to the economy and gives Tasmanians the opportunity to experience world class art, sport and culture without having to leave the island," Ms Giddings said. "Our additional investment will ensure that we are in strong position to maintain and enhance the existing events calendar. "This includes events like the Women's International tennis, Targa Tasmania, V8s and Mona Foma all of which put Tasmania on the map and attract visitors from all over the world. "Visitors to these events inject millions into the local economy through our hotels, bars, restaurants and taxis. "I can also confirm the Government's ongoing funding support for the $25.3 million Three Capes Track and the $19.2 million Tarkine Forest Drive. Both of these are exciting investments in tourism infrastructure that will give people even more reason to come to our State and travel across regional Tasmania," Ms Giddings said. Mr Bacon said the Government was committed to supporting the tourism industry through both direct and indirect marketing opportunities. "Sponsorship of events across sports and the arts help to promote the State in ways we could never afford. For instance Targa Tasmania and the Mark Webber Challenge are broadcast internationally capturing the huge international motorsport market. "Similarly Mona Foma, a not-for-profit festival, is growing its international reputation attracting talent like Phillip Glass, Balletlab and PJ Harvey." Mr Bacon said Tiger airlines' recent announcement that it is recommencing flights into Hobart helps to improve access to the Island. "This means we have great attractions and stronger access for many more people to have the opportunity to come to Tasmania to enjoy them," Mr Bacon said. "We are continuing to work towards our T21 goals, which include increasing spending by local, interstate and international visitors to $3.42 billion by 2020. "In today's volatile tourism marketplace, it is even more important than ever that we work together in tackling these challenges, as we have done so successfully in the past. "We will continue to work with tourism businesses, events managers and the wider industry to create new visitor opportunities for the future."