PRIME Minister Kevin Rudd promised $5 million towards the redevelopment of the Hobart Showground on the campaign trail in Hobart yesterday morning.
Arriving in the middle of a rainstorm and flanked by Denison candidate Jane Austin and Franklin MHR Julie Collins, Mr Rudd said jobs were the "number one and core on the island state".
"Everyone's seen the most recent national employment data, the rate has held in the nation at large but we still have a big challenge here in Tasmania," Mr Rudd said.
The funding is expected to create 140 jobs in Hobart's northern suburbs, including leasing surplus land on the 17-hectare showground site for a retail development.
Royal Agriculture Society of Tasmania chief executive Scott Gadd said the showground attracted 250,000 people each year, including to the Royal Hobart Show.
"The grant secures the showground's future as a vibrant, revitalised, community asset," Mr Gadd said.
However, Liberal Denison candidate Tanya Denison called the announcement a cruel hoax.
"He is promising to fund this worthwhile project through the Regional Development Australia Fund, a program paid for largely by the mining tax that isn't raising any revenue," she said.