A Coalition government would pump $16 million into a major expansion of Cadbury's Hobart factory in a move designed to generate jobs in dairy and tourism.
Opposition Leader Tony Abbott made the announcement at the factory this morning admitting it was unusual for a national government to fund a profitable company.
"Tasmania I put it to you is a special case. Tasmania has the lowest wages, the lowest GDP, it has the lowest life expectancy, it has the lowest educational attainments and it has the highest unemployment by far of any state in the Commonwealth.''
Cadbury will spend $50 million on the expansion which will create 200 new jobs and 120 indirect jobs by 2017.
Responding to Labor's $40 million freight assistance package, announced in Launceston this morning, Mr Abbott said he would carefully consider it.