Tasmania Chamber of Commerce and Industry chief executive Michael Bailey said the creation of a $60 million dollar loans scheme for Northern and North-West councils was “very exciting.”
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“We know that these sort of stimulus injections really do have a beneficial impact not only just increasing business confidence but supporting business at a local level,” he said.
We know that these sort of stimulus injections really do have a beneficial impact.
- Michael Bailey, TCCI
Mr Bailey said he hoped the councils which received approval for projects would give local contractors the opportunity to apply for tenders rather than doing all the works themselves.
Property Council of Australia executive director Brian Wightman also welcomed the stimulus package’s investment in infrastructure, but said the state government must place tight parameters around the $60 million loans scheme.
“The state government must clearly flag its intentions regarding the type of infrastructure required and the manner in which it is to delivered,” he said.
“As a region, we can not afford the hard earned investment dollars to be squandered, the state government must ensure that jobs and value for money projects are delivered.”