LABOR will today announce plans to flood-protect Kings Meadows and match the Liberals' $1.4 million funding commitment for North Bank.
If the state government holds on to power next month, it will provide $3 million for new infrastructure to better protect the suburb, which has been plagued by floods in recent years.
Kings Meadows was last flooded in August - closing a number of businesses on Hobart Road for several days.
The Launceston City Council will contribute $2.6 million for the $5.6 million project, which will include improved stormwater drainage, retaining walls, erosion repairs and water flow diversion.
Premier Lara Giddings said the upgrade would support more than 50 local jobs during construction.
In December, the council estimated that $17.8 million needs to be spent over the next five years to stop a major flooding problem around the city.
``Only Labor has the runs on the board in flood protection - having already provided more than $13 million for the flood levee development at Invermay,'' Ms Giddings said.
``There's been a marked increase in heavy storms causing flooding in these parts.
``Unlike the deniers in the Liberal Party, Labor has strong policies to support renewable energy and help combat climate change.''
The Giddings government also plans to contribute a further $1.4 million to Launceston's North Bank precinct redevelopment.
The government has already handed out $1.5 million for a flood levee around Errol Stewart's $20 million Silos Hotel development.
The Liberals announced $1.4 million for the area's upgrade on Monday.
Launceston City Council's pre-election wishlist:
- $5.65m for flood remediation works at Kings Meadows.
- $2.75m for a new playground and connector bridge at North Bank.
- A commitment to renew the state's contract for Hawthorn games at Aurora Stadium on the expiry of the current agreement.