Peter Gutwein

Premier of Tasmania

6 February 2020

Michael Ferguson, Minister for State Growth

Supporting business growth

Evidence that Tasmanian businesses are the most confident in the nation continues to build, with new data showing demand for office space in Hobart’s CBD is growing.

Tasmania is the best place in the country to live, work and raise a family, and the new Property Council of Australia data shows people want to invest and live in our beautiful state.

Hobart has the third lowest CBD office vacancy of all states and territories – after Melbourne and Sydney. At 4.1 per cent, Hobart is well below the national average of 10.3 per cent office vacancy, and net demand is well above Hobart’s historical average.

The Tasmanian Liberal Government is the biggest supporter of businesses, which are the backbone of our strengthening economy.

We are building the inter-generational infrastructure our growing state needs to unlock investment and create jobs.

The $1.64 billion Hobart City Deal builds on our investment in infrastructure, leveraging its position as a vibrant, liveable and connected global city.

The Deal provides the framework to guide and encourage further investment in people, technology and emerging opportunities that provide job and business opportunities.

More Media Releases from Michael Ferguson

More Media Releases from the Minister for State Growth