Working in Tasmania stories
The following stories relate to working in Tasmania
The latest CommSec Report shows Tasmania’s economic fortunes continue to rise. The analysis of eight key indicators – including retail spending, unemployment and population growth – found that the island state still has the fourth-strongest economy in Australia but was closing in on the ACT. More significantly, Tasmania topped all other states in economic growth, business investment, housing finance and dwelling commencements. Another highlight was population growth which currently sits at 1.02 per cent and is almost 78 per cent above the state’s average over the past decade. CommSec chief economist, Craig James, told ABC News: “I think Tasmania is finally finding its mojo…you’ve got a tremendous product in terms of tourism, and I think that the rest of the world is starting to embrace that. Certainly, more are coming from other parts of Australia to Tasmania, and once there, a number of them are saying ‘this is a good spot to live’.”
9 November 2018, Edition 200
Good news on the work front. Latest figures show a record number of Tasmanians are working, with total employment almost hitting the quarter of a million mark for the first time. Labour force data released by the Australian Bureau of Statistics (ABS) also show that participation rates in Tasmania have grown to 61.5 per cent, which is the highest level in almost four years. Tasmanian Treasurer, Peter Gutwein, said: “The ABS figures show that 14,700 jobs have been created since the 2014 election, and we will continue to put in place the right economic conditions to create even more jobs for Tasmanians.” He added that 2,100 Tasmanians found full-time work over the past year, and this represents around three quarters of the total jobs created. The unemployment rate remains steady at 6.2 per cent.
14 October 2018, Edition 199
A new investment taskforce aims to boost economic growth in Tasmania’s north. It will help source alternative funding options for business expansion, or new projects, for companies that can’t access finance from traditional sources. Part of the Northern Tasmanian Development Corporation (NTDC), the taskforce is being chaired by ex-banker Gregg Bott who said: “Often businesses looking for funding are not successfully connecting up with the right financial provider. We envisage the Investment Taskforce will help connect business people with great ideas and expansion plans to potential funding sources.” The NTDC has been charged with improving the regional economy, jobs and pay-rates by working collaboratively with key stakeholders. A report the NTDC commissioned – still in draft form – indicates the region will need to secure an additional $500 million per annum in investment to reach growth targets.
14 October 2018, Edition 199
With Tasmanian tourism riding high, there is a chance to grab a slice of the action with a portfolio of established hotels up for sale. Three well-known properties: The Foreshore, near Hobart; Old Tudor Hotel, in Launceston; and the Bayside Inn at St Helens, are being marketed on a ‘going concern’ basis. Together they feature 132 rooms, 90 gaming machines and 4.58 hectares of freehold land. Not to mention revenues in the order of $17 million. JLL is marketing the portfolio, and Executive Vice President, Peter Harper points to Tasmania’s strong tourism performance. He says, “Tasmania has experienced strong increases in domestic and international tourism as the state is increasingly recognised for its natural beauty, exceptional food and beverage offerings, adventure activities and numerous major attractions and events". Tasmania has also had a run of 20 consecutive quarters of economic growth, with Deloitte Access Economics forecasting solid growth to continue for the next five years.
12 September 2018, Edition 198
Incat has come up with a novel way to deal with a shortage of workers – a spotter's fee. Incat employees are being offered a $1,000 incentive if they can find someone to work at the company. Incat is on the hunt for qualified carpenters, welders, electricians, fabricators and fitters. They need to add another 40 to 60 workers to their staff of 600 to help fulfil all the current contracts. Incat chief executive, Tim Burnell told The Mercury: “We’ve been advertising, we advertised on the mainland – that brings in a few people. We’ve just started to say how we can possibly think outside of the box and come up with other ways where we can encourage people.” Incat, which is based at Derwent Park in Hobart, is the designer and the builder of some of the world’s fastest ocean-going vehicle and passenger ferries.
13 August 2018, Edition 197
As Tasmania continues to roll out its comprehensive irrigation infrastructure, a new face has been appointed to lead the charge. It has been announced that Chris Thompson, the former executive director of management consulting firm Macquarie Franklin, has been appointed as the new director of Tasmanian Irrigation (TI). The Minister for Primary Industries and Water, Sarah Courtney said Mr Thompson was well regarded in the Tasmanian farming and agricultural sectors. She added he had: “extensive consulting experience in agribusiness developments, rural water resources management, irrigation systems and dam construction and operation… [his] expertise will further complement the skills within the current Tasmanian Irrigation Board and we look forward to his valuable contribution.” Ms Courtney thanked outgoing director Roger Gill for his “valuable input and considerable service since TI’s inception".
13 August 2018, Edition 197
Tasmanian athletes are in the running for several of world sport's big prizes in coming weeks.
11 July 2018, Edition 196
Tasmania’s property boom continues unabated, with predictions Launceston and the north-west are next in line for strong growth. The Real Estate Institute of Tasmania said Hobart – which is Australia’s best performing capital city property market – is not the only region riding the property wave. REIT president Tony Collidge told ABC News: “We are seeing prices increase in Launceston and the number of properties for sale is starting to decrease, which is a sign of a maturing market. We are seeing the exact thing starting to happen on the north-west coast.” Meantime, Hobart’s property market continues to steam ahead. According to latest figures from Corelogic, March quarter data shows the median profit for properties sold in Hobart was $245,000. That is significantly up on the same period last year, when average profits sat around $180,000.
10 July 2018, Edition 196
What makes Tasmania unique? That’s the subject of an exciting new campaign called The Naked State, where 200 Tasmanians, selected randomly, were interviewed on the matter. Premier Will Hodgman, who has just launched the campaign, explained: “No one is better placed to shape Tasmania’s brand, or the Tasmanian story, than everyday Tasmanians, which is what this project is all about.” Stage one of the campaign is The Naked State Facebook page, which will upload insights about why people love living here. It will also encourage others to join in the conversation over the next nine weeks.
6 May 2018, Edition 194
The State Government has reiterated its commitment to developing Tasmania as a “defence supply centre of excellence”. It said this has been given a boost with a dedicated Defence Industries Minister added to the Cabinet mix. Tasmania currently has some 30 businesses working in defence - including Elphinstone, Liferaft Systems Australia and Taylor Bros. While defence may be just part of their operation, these companies together generate more than $340 million a year and employ almost 2,000 people. New Defence Industries Minister, Jeremy Rockliff, said: “We are here to help our local companies connect with national and international defence buyers and suppliers in a co-ordinated way.” He added if the Tasmanian industry is to win its per-capita-share of the $195 billion Defence Integrated Program then, “our defence industry would grow to more than $400m per year within the next 10 years.” The Minister also pointed out that the appointment last year of Tasmania’s Defence Advocate, Rear Admiral (Retd) Steve Gilmore, was crucial in “identifying opportunities and advocating for Tasmania in the defence space.”
11 April 2018, Edition 193