2018-2019 Tasmanian budget - great news for household construction, infrastructure developers and the apprenticeship sector.
This week saw the realease of the 2018-2019 Tasmanian budget and there was some great news for Tasmania's household construction, infrastructure developers and the apprenticeship sector.
The Tasmania Government is targeting a 25 per cent increase in building and construction over five years to 2023, and a 40 per cent increase in apprenticeships in private sector by 2025. The Government has also pledged to bring $25 million of its $125 million Stage Two affordable housing plan forward to 2018-19.
From an infastructure perspective the following projects have been committed:
- The Government is promising a new Bridgewater Bridge will be built by 2024 with the State Government locking in its share of $121 million of an estimated $576 million price tag. There is $6 million dollars of joint funding in 2018-19 to start planning and design, with construction to begin in 2020-21
- $30.8 million for Hobart traffic congestion, including establishment of a Derwent River Ferry Service bus priority measures, a fifth lane on the Southern Outlet and improvements to Macquarie and Davey Streets over budget and forward estimates
- $21 million towards a South East Traffic Solution, and further funding of $27 million for a plan to ease congestion at the Hobart Airport interchange
- $53 million for the Launceston and Tamar Valley Traffic Vision, which includes funding to make the Mowbray interconnector safer and for West Tamar Highway upgrades
- A pledge to match the Federal Government's $59.8 million commitment to Tranche Two of the freight rail revitalisation program to improve TasRail freight services
- $25 million for tourist roads
- $70 million for new southern remand centre
- $7.3 million for a major redesign and upgrade of Ashley Youth Detention Centre and an upgrade of Risdon Prison Shared Facilities
- The allocation of $45 million to begin stage one of the construction of the new $270 million northern prison
- $22 million for new police stations at New Norfolk and Longford, and an emergency services centre in Sorell
- $8 million for an upgraded Burnie Court
- $7 million to underpin Hermal's million cross laminaed plantation mill in Hampshire
Access a social media feed of Hobart and Launceston construction jobs at: