14 June 2018 MEDIA RELEASE CONTENTS 01 Will Hodgman Delivering on Our Plan: Building Your Future 02 Peter Gutwein Balanced Budget – delivering on our commitments 03 Will Hodgman Investing in health, education and Tasmanians in needs 04 Jeremy Rockliff $2.6 billion in job creating infrastructure projects 05 Peter Gutwein Helping Tasmanians with the cost of living 06 Will Hodgman Protecting the Tasmanian way of life 07 Will Hodgman & Our Plan to Build Your Future – North-West and West Coast Peter Gutwein 08 Will Hodgman & Our Plan to Build Your Future – North and North-East Peter Gutwein 09 Will Hodgman & Our Plan to Build Your Future – Southern Region Peter Gutwein 10 Will Hodgman Taking trade to the next level 11 Will Hodgman Taking tourism to the next level 12 Will Hodgman Investing in the future of our National Parks 13 Will Hodgman Preserving our heritage 14 Peter Gutwein Delivering a stronger economy and more jobs 15 Peter Gutwein Creating more jobs for Tasmanians 16 Peter Gutwein Fixing Tasmania’s water and sewerage 17 Peter Gutwein Support small business and industry 18 Peter Gutwein Improving home ownership 19 Jeremy Rockliff $1.1 billion to build better roads and rail for Tasmania 20 Jeremy Rockliff Boosting our education workforce TASMANIAN BUDGET MEDIA RELEASE | 2018-19 PAGE 1 21 Jeremy Rockliff Extending all high schools to Year 12 22 Jeremy Rockliff Delivering on our early learning promises 23 Jeremy Rockliff Turbo-charging TasTAFE 24 Michael Ferguson Over $475 million to improve health and hospital infrastructure 25 Michael Ferguson Bigger hospitals, delivering more beds and employing more staff 26 Michael Ferguson More support for ambulance services 27 Michael Ferguson More police and new police stations 28 Michael Ferguson Emergency service boost to keep Tasmanians safe 29 Michael Ferguson Building our digital future 30 Elise Archer Major investment in new prison infrastructure 31 Elise Archer Upgrading the Burnie Court complex 32 Elise Archer Tasmania’s contribution to the National Redress Scheme 33 Elise Archer Delivering for the Arts 34 Guy Barnett Delivering on our Tasmania First energy plan 35 Guy Barnett Growing our mining industry 36 Guy Barnett Delivering a strong future for Tasmanian forestry 37 Guy Barnett Supporting our Veterans 38 Sarah Courtney Stronger agriculture sector to deliver more jobs and opportunities 39 Sarah Courtney Taking biosecurity to the next level to protect and grow our agriculture industry 40 Sarah Courtney Strong support for our sustainable seafood industry 41 Roger Jaensch Delivering affordable housing for Tasmanians in need 42 Roger Jaensch An extra $24 million to protect Tasmanian children at risk 43 Jacquie Petrusma Building our sporting future 44 Jacquie Petrusma Delivering on our plan to support Tasmanians in need TASMANIAN BUDGET MEDIA RELEASE | 2018-19 PAGE 2 14 June 2018 WILL HODGMAN Premier Delivering on our Plan – Building Your Future Tasmania is now a much stronger, prouder and more confident place to be. Our economy is one of the strongest in the country, our Budget is under control, and we are able to invest more into essential services. The 2018-19 Budget delivers on all the commitments we made under our Plan to Build Your Future. The Budget delivers a record $2.6 billion investment in job creating infrastructure including new schools, better hospitals and road upgrades throughout Tasmania. We are building new schools for families in growth areas, as well as major upgrades to learning facilities throughout the state. Six new Early Learning Hubs will be established and $18 million invested to build and upgrade Kindergartens across Tasmania. Building on our record investment in Tasmania’s health system, the Budget will fund expansions in our four major hospitals, boost resources for our rural hospitals and deliver new ambulance stations. The Budget delivers upgrades to State Roads throughout Tasmania and funds the widening of the West Tamar Highway, delivers our South East Traffic Solution to tackle Hobart’s traffic congestion, and commences work on a new Bridgewater Bridge. A further $51.7 million will be invested to upgrade roads around the state in key tourism destinations. Tasmania’s economy has come a long way over the past four years with more than 11,000 new jobs created, but we know there is more work to be done. That’s why we are extending targeted small business grants and the Payroll Tax Rebate to support the training of 3,000 additional apprentices and trainees, as well as establishing TasTAFE Centres of Excellence focused on key industries to ensure young Tasmanians are equipped with the skills for the jobs of tomorrow. TASMANIAN BUDGET MEDIA RELEASE | 2018-19 PAGE 1 We are investing more than $150 million to grow a competitive, innovative, sustainable, and profitable farming sector. Importantly, my Government is also delivering practical measures to take the pressure off household budgets. We’re also responding to cost of living pressures with almost $300 million dedicated to reducing household expenses such as water and electricity costs. The 2018-19 Budget delivers an additional $125 million to implement Stage II of our Affordable Housing Strategy to provide an additional 1,500 new affordable homes and assist 2,000 households who need it most. All Tasmanians have the right to be safe in their community, this is why we will put an additional 125 police officers on the beat and will strengthen Tasmania’s response to the problems posed by all drugs in our society, and particularly ice. It is important to remember that the gains we have made wouldn’t have occurred if it were not for our strong financial management. The 2018-19 Budget continues our commitment to remain in surplus and live within our means. Tasmania’s best days are ahead of us – but only if we plan responsibly for the future. The 2018-19 Budget charts the path my Government will take to take Tasmania to the next level. Contact: Andrew Hudgson Phone: 0439 083 275 TASMANIAN BUDGET MEDIA RELEASE | 2018-19 PAGE 2 14 June 2018 PETER GUTWEIN Treasurer Balanced Budget – delivering on our commitments The Hodgman Liberal Government’s 2018-19 Budget delivers on our Plan to Build Your Future. It is a Plan endorsed by an overwhelming majority of Tasmanians at the last election. Our Plan will further strengthen our economy and support the creation of more jobs, with a record $2.6 Billion investment in the infrastructure our growing state needs to continue to prosper. With more than 11,000 jobs created since we came to office, positive economic growth forecast and continued momentum expected across the Budget and Forward Estimates period, Tasmania is open for business. We laid the foundations in the last term of Government so Tasmanians could look forward to a brighter future – now we are getting on with the job of taking Tasmania to the next level. Over the next four years the Hodgman Liberal Government will invest a record $7.6 billion to meet the health needs of Tasmanians by increasing services, expanding our hospitals and improving our ambulance service. We will invest more than $6.7 billion into Tasmania’s education system with new schools, upgraded facilities and a focus on expanding early learning services throughout the state. We are also getting on with the job of building the infrastructure for our State needs with a record $2.6 billion investment in job creating projects to drive future economic growth. Our Plan will also provide more than $300 million to reduce cost of living pressures, and protect the Tasmanian way of life. In 2018-19, the Budget surplus is estimated to be $161.9 million, with the Budget forecast to be in surplus each and every year of the Forward Estimates period. TASMANIAN BUDGET MEDIA RELEASE | 2018-19 PAGE 1 The achievement of modest surpluses over the Budget and Forward Estimates period provides a prudent financial buffer for the Government to manage unexpected events such as floods and bushfires. Consistent with our Fiscal Strategy, we will continue to live within our means – growth in expenditure during our time in Government is forecast to be well below the historical long term average growth in revenue. Importantly, the Government will remain Net Debt free over the Budget and Forward Estimates period. This Budget continues our commitment to remain in surplus and live within our means so Tasmania can deal with any unexpected bumps in the road. We will never take the Labor/Green approach of spending like there’s no tomorrow, and wrecking the State’s finances in the process. Only by maintaining a balanced Budget with sound fundamentals can a government deliver more jobs, a stronger economy, improved infrastructure and better services for Tasmanians. Contact: Andrew Hudgson Phone: 0439 083 275 TASMANIAN BUDGET MEDIA RELEASE | 2018-19 PAGE 2 14 June 2018 WILL HODGMAN Premier Investing in health, education and Tasmanians in need Every Tasmanian deserves to grow up in a safe environment and have access to quality healthcare and education. In the 2018-19 Budget the Government is investing more in education, health and to reduce the cost of living pressures Tasmanians face. This is only possible because we have done the hard work to get the budget back in balance. Our record $757 million investment in Tasmania’s health system will deliver 298 new beds, 802 more nurses, 158 more doctors, 128 more allied health professionals and 182 more support staff over the next six years. We are investing a record $324 million in education to build new schools for families in growth areas, as well as major upgrades to learning facilities throughout the state. Six new Early Learning Hubs will be established and $18 million invested to build and upgrade Kindergartens across Tasmania.