Feature image

Infrastructure stories

Eslake values STEM at $2.75b

Respected economist Saul Eslake believes the University of Tasmania’s proposed but unfunded STEM project in Hobart’s CBD would add about $2.75 billion to the State’s gross product over 10 years. Mr Eslake said the STEM (Science, Technology, Engineering and Maths) project — which has been praised by the Prime Minister, Malcolm Turnbull, and has received priority status from Infrastructure Australia — would bring similar benefits to Tasmania as have been delivered by similar projects overseas. “The proposal will create 755 jobs during construction, and at least 190 on-going academic and other staff jobs, increase student numbers by around 1,500 (including 600 international or interstate students),” Mr Eslake said. “Hobart has much in common with regional cities in Europe and North America where the development of education and innovation precincts has demonstrably helped to revitalise urban areas, create jobs, enhance skills, foster collaboration between educational institutions and industry and accelerate economic growth.” The project, set for the corner of Melville and Argyle streets, is the centrepiece of a likely Federal Government City Deal for Hobart and has been endorsed by 11 southern Tasmanian mayors as the region’s top funding priority.

3 October 2017, Edition 188

Back to index

Like to know more?

Join our eFriends mailing list and once a month we will keep you up-to-date with the news that’s flowing in our state. You could win a prize in our monthly competition.

Join us

Become an eFriend

Join our mailing list

Join our eFriends mailing list and once a month we will keep you up-to-date with the news that’s flowing in our state. You could win a prize in our monthly competition.

Brand Partnership

Are you a Tasmanian business or operator? Join us in raising the profile, quality and value of Tasmania’s products.

Apply online

Latest news

Bigger, cleaner ships for TT-Line

Edition 190_TT-Line

TT-Line is set to order two new, bigger and cleaner ships to boost capacity and heighten customer appeal on its Bass Strait service.

11 December 2017, Edition 190

This site has been produced by the Brand Tasmania Council © 2014

Brand Tasmania

Become an eFriend

Close

Join our eFriends mailing list and once a month we will keep you up-to-date with the news that’s flowing in our state. You could win a prize in our monthly competition.

I’ve already subscribed