Favourable business environment

Tasmania has a strong enterprise culture. We offer:

• low labour costs
• a stable workforce
• excellent industrial relations record for minimal days lost to industrial disputes
• low land and accommodation costs
• low licensing costs.

Nationally competitive

Tasmania is the most affordable place to do business in Australia. We offer:

• the lowest aggregate land and accommodation costs in Australia
• the lowest business licensing costs in Australia
• the lowest tax burden in Australia on most measures.

Investment climate in Tasmania

Tasmania's political and regulatory environment is stable, open and progressive, providing investors with a high degree of confidence and certainty in our economic stability when making investment decisions.

Review the latest:

• economic insights from the Commonwealth Bank State of the States economic rankings.

Investment priorities include:

• high-value food and agricultural initiatives
• tourism growth and infrastructure development
• developing further our natural resources with a focus on minerals and forestry
• Antarctic and Southern Ocean
• science research
• building upon our precision manufacturing capabilities.

To assist your business to set up in Tasmania we offer government support, a flexible approval process and special assistance for major industrial projects.