Doing business in Tasmania
Business and investment opportunities
Tasmania has a diverse range of business and investment opportunities, with innovation as a prime future driver. Support is given to industries that can create jobs for the next generation of Tasmanians and use the state’s natural advantages to be globally competitive.
Investment and business ventures are encouraged in sectors such as agribusiness, renewable energy, tourism and the digital economy.
Economic climate
Tasmania is a politically stable state and historically has enjoyed a sound economy. Coming from a position of economic strength during the recent Global Financial Crisis shielded Tasmania from some of worst effects of that period of global uncertainty.
The state’s economic vision for the next ten years is driven by a long-term economic management plan and a competitive strategy involving skills, infrastructure and innovation.
Business assistance
The Department of Economic Development, Tourism and the Arts has a range of programs and services for small, medium and large business enterprises. Cross-sectorial assistance may be available for businesses ranging from small-scale retail ventures to international manufacturing and resource management.
Industries
The Tasmania Government is committed to making the state more prosperous through economic development that is socially and environmentally sustainable. To ensure this growth, Tasmanian industries must become increasingly more competitive. The Tasmanian Government works with key industry sectors to drive investment attraction and trade promotion.