NORTHERN Tasmania will get its own federal government agency in Launceston if the Liberals win the September 7 election.
Federal Opposition Leader Tony Abbott will announce in Launceston this morning - on his fourth visit to the North in less than three weeks - that he will fund a Tasmanian Major Project Approval Agency in the city.
The agency will be a one-stop shop for new projects that require some form of federal regulatory approval for compliance reporting such as the Australian Taxation Office, the Australian Securities and Investment Commission and the Australian Competition and Consumer Commission.
The agency is part of the Liberals Tasmanian Growth Plan to be announced by Mr Abbott today.
The party has been working on a plan for some time that will address the state's poor economic performance and grow jobs.
Mr Abbott said yesterday that the major project approval agency for Launceston was part of the Liberals' plan to cut red tape and encourage new investment in the state.
"I want Tasmania to once again become a driving economy with more jobs," Mr Abbott said.
"A one-stop shop for businesses looking to invest in Tasmania is about making it easier for them to employ local workers.
"It will be a single agency to process federal approvals as quickly as possible," Mr Abbott said.
It will not change regulatory standards but is planned as a new, single entry point for new projects that will streamline processes and reduce paperwork.
Mr Abbott flew into Launceston last night and will attend a business breakfast this morning with Opposition finance spokesman Joe Hockey and State Opposition Leader Will Hodgman.