Assistant Minister Jonno Duniam said the 2021-22 Federal Budget delivers the next stage of Tasmania’s comeback.

“The Federal Budget will secure Tasmania’s recovery and set our state up for the future,” Assistant Minister Duniam said.

“It will create jobs, guarantee essential services, and build a more resilient and secure Tasmania – this is exactly what Tasmania needs as our economy recovers from the coronavirus pandemic.”

The Morrison Government is providing an additional $67.7 million to boost assistance under the Tasmanian Freight Equalisation Scheme.

“The Government is extending the scheme to eligible imported goods shipped to Tasmania via the mainland, where there is no Australian equivalent,” Assistant Minister Duniam said.

“This much-needed boost will generate further growth in Tasmania’s economic strengths, from manufacturing to mining, agriculture, forestry and fishing industries.

“Our Government remains 100 per cent committed to ensuring Tasmanian businesses remain competitive with their mainland counterparts and succeed into the future.”

Tasmanians will benefit from tax relief.

“An estimated 220,000 Tasmanians will benefit from tax relief of up to $1,080 for individuals, and up to $2,160 for dual income families in the 2021-22 financial year,” Assistant Minister Duniam said.

“The low and middle income tax relief will give Tasmanians more money in their pockets to spend across the economy.”

 Tasmanian brewers and distillers will have more money to invest.

 “Across Tasmania, more than 50 distillers will be raising a glass to last night’s spirit tax announcement, which means they will be sharing in $255 million of tax relief, thanks to the excise refund cap increasing from $100,000 to $350,000 per year,” Assistant Minister Duniam said.

“This will allow our world-class distilleries and breweries to grow and expand, and continue to supply their premier products across the country.”

Tasmania will benefit from an additional $377.2 million for infrastructure.

“This major investment will give the economy a boost, while helping Tasmanian families get home sooner and safer,” Assistant Minister Duniam said.

“The investment includes $48 million for upgrading the Algona Road interchange and duplicating the Kingston Bypass and $44 million for Rokeby Road and South Arm Road upgrades.”

The Women’s Budget Statement outlines a $3.4 billion investment.

“We’re investing in promoting the safety, economic security and status of women in Australia,” Assistant Minister Duniam said.

“This includes $353.9 million to support women’s health, including $100.4 million to improve cervical and breast cancer screening programs.”

Childcare will be more affordable for Tasmanian families.

“Our $1.7 billion investment will help parents with more than one child return to the workforce,” Assistant Minister Duniam said.

“This will provide more flexibility to mums and dads who want to work more, and it will strengthen our economy.”

Tasmanian businesses will benefit from further tax relief.

“More than 60,000 Tasmanian businesses will now be able to immediately write off the full value of their eligible assets that they purchase for a further year until 30 June 2023,” Assistant Minister Duniam said.

“This means tradies can buy a ute, farmers can buy a new tractor and retailers can buy a delivery van, and immediately write off the full value of the asset.

“Tasmania’s economy is well on the road to recovery and this Budget will set Tasmania up for the future.”