Hodgman Govt Creates More Than 13,000 Jobs Since Coming To Office In 2014

Hodgman Govt Creates More Than 13,000 Jobs Since Coming To Office In 2014

Tasmania Treasurer Peter Gutwein

A Boost For Tasmanian Small Businesses

Victor P Taffa

Almost 250,000 Tasmanians are in work, and more than 13,000 jobs created since the Hodgman Government came to office in 2014.

Job creation is the Hodgman Government’s number one priority, and it’s clear that our long-term plan is working, Treasurer Peter Gutwein said.

“There is always more to do to ensure all Tasmanians benefit from a strong economy, and I welcome initiatives in the Commonwealth Government’s latest Budget, which includes funding to support even more Tasmanian small businesses to succeed.” Treasurer Gutwein said.

“37,300 small businesses that operate in Tasmania underpin our economy. It is crucial both that all levels of government continue to support them, to ensure business confidence remains high, and businesses continue to employ.”

2019 Federal Budget encourages business investment through a range of initiatives, including increasing the instant asset write-off to $30,000, while expanding access to businesses with a turnover of up to $50 Million.

“Not only does this incentivise reinvestment into businesses, but this initiative will help further improve cash flow for hard working Tasmanian small businesses.” Treasurer Gutwein said.

Federal Budget also provides $525 Million in critical skills area VET funding and $60 Million increase in developing export markets.

“These initiatives complement the work of the Tasmanian Government, including our Small Business Growth Strategy and the extension of our successful payroll tax scheme and small business grants, which will support the employment of around 4,500 young Tasmanians as apprentices and trainees.”

“Hodgman Government is committed to putting Tasmanian small businesses first, ensuring they can take advantage of a growing economy.” Treasurer Gutwein said.

Abbreviations:

VET                Vocational Education and Training