FOR its relatively small landmass, Tasmania has a large percentage of Australia's water supply.
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As the rest of the world struggles to get easy access to water, Tasmania's agriculture industry will have a huge advantage because of this resource.
Making the most of that natural advantage is going to be a strategic enabler for the state's economy.
That is why the irrigation schemes being rolled out across the state are vitally important to future-proofing the economy.
Yesterday, the federal government announced $60 million towards the next stage of irrigation schemes across the state, which follows $30 million contributed by the state government.
Five schemes will be funded in tranche two of the scheme at Scottsdale, Swan Valley, Southern Highlands, Circular Head and North Esk.
It is estimated that the delivery of 40,000 extra megalitres of water to landholders will create 150 direct full-time jobs.
Irrigation has been an issue both sides of Tasmanian politics have championed and it is great news to see it progressing.
The latest scheme has the potential to free up some of Tasmania's most fertile land from the vagaries of drought, according to the TFGA.
Giving farmers a 95 per cent guarantee of access to water has the potential to revolutionise farming in this state.
These five new schemes will allow more investment in dairy, irrigated cropping, fruit and vegetables, grazing, walnut ventures and poppies.
Tasmania is already known for its superb products and recently announced Free Trade Agreements with Asian countries will only increase demand.
Recent food scares from tainted berries brought in from China will also increase demand from the local market.
Tasmania, with its clean and green image, can cash in on that need.
If farmers can match those demands from overseas, interstate and intrastate, the benefits to Tasmania will be enormous.