Renewable Energy Commitment in Tasmania’s Budget | Liverpool City Champion
Health and investment in renewable energy will feature in Tasmania’s budget, with Prime Minister Peter Gutwein expected to pledge 28,000 new jobs over four years.
Mr Gutwein, who is also treasurer, will hand over the island state’s 2021/22 budget on Thursday, its eighth since the Liberals came to power in 2014.
The state government is about to create a new agency – Renewables, Climate and Future Industries Tasmania – to foster investment in the sector.
“We’re one of the only places where we can say we have more renewable electricity than we use,” Gutwein told The Mercury newspaper.
“By increasing our capacity for renewable energy, we will show the world how to decarbonize large and small, generating opportunity, prosperity and more jobs in Tasmania.”
Tasmania is powered entirely by renewable energy, mainly from hydrogenated electricity.
Mr. Gutwein previously indicated that approximately $ 600 million will be invested over four years in the health system to strengthen its capacity and contingencies related to COVID-19.
The state government revealed on Wednesday that an additional $ 40 million would be used to reduce waiting lists for elective surgeries, in addition to a previous commitment of $ 156 million.
Nearly 11,300 Tasmanians were on the waiting list for elective surgery in June, with 48% of patients seen within recommended time frames.
A projected budget surplus has been pushed back a year to 2023/24, but updated figures released in July show the state’s finances are in better shape than expected.
The deficit for 2020/21 was $ 411 million, up from $ 1.1 billion forecast, while net debt was $ 459 million, up from $ 1.9 billion.
Commonwealth Securities’ July State of State Report ranked Tasmania’s economy as the best among Australian states and territories for the sixth consecutive quarter.
The island state has put strict border restrictions in place due to COVID-19 outbreaks on the mainland, but has not been blocked since the pandemic began early last year.
An additional $ 18 million will be used to promote Tasmania to the world and help the tourism industry recover from the pandemic.
Some $ 135 million will be spent on skills and training, including $ 98 million on TAFE reforms which have been labeled corporatization by unions and Labor.
Associated Australian Press