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A $40m Tasmanian Freight Package Would Provide Immediate Support for Tasmanian Producers

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Core prompt: A new $40 million Tasmanian Freight Package would provide immediate support for Tasmanian producers, the federal government has announced. The package is said to be in re

A new $40 million Tasmanian Freight Package would provide immediate support for Tasmanian producers, the federal government has announced.

The package is said to be in response to industry requests for support to enable exporters to increase efficiencies and reduce costs from supply chains.

The Tasmanian Freight Package contains four key measures, including specific support for medium and small producers:

$37.5 million in grant funding to partner with international exporters to innovate on projects or initiatives that will help improve freight efficiencies; Direct and expert advisory support on freight logistics and freight cost reductions. Specific measures identified as part of the advisory process will be eligible to apply for grant funding; Trial of an online trading portal that aggregates volumes, especially for small agriculture users, and helps reduce unused freight capacity; and Funding to develop initiatives to reduce the transit of empty containers.
"As an island state, Tasmania relies on sea trade. The state's exporters face complex commercial issues and we are determined to provide support based upon this industry advice," said Deputy Prime Minister Anthony Albanese.

"The challenge is to grow volumes and modernise our on-island freight logistics. This package of measures will help Tasmanian businesses improve freight efficiency. It will also provide supply chain expertise and knowledge to businesses that may be able to generate freight cost improvements simply by doing things differently.

"We're already providing $100 million to help strengthen and diversify the Tasmanian economy and grow export volumes. This transitional assistance will help make it easier and cheaper for Tasmanian businesses to get their products off-island to the mainland and overseas markets.

"We're also making a record investment in the state's road and rail links to support the movement of freight. We've almost doubled annual infrastructure spending from $157 to $264 per Tasmanian.

"This includes the $120 million we are providing through this year's budget to upgrade the state's freight rail network and port upgrades at Burnie and Bell Bay."

The Federal and Tasmanian Governments will each contribute $20 million over two years. Both levels of government will expedite this support with funding expected to flow before the end of the year.

 
keywords: Transport, logistics
 
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