The 40th anniversary of the TFES is a milestone to remind us of the importance of this Scheme, which was significantly expanded under a Federal Coalition Government from January this year.
Until this year, the demand-driven TFES provided around $110 million in assistance each year to Tasmanian businesses.
9 million, which extends the TFES to include shipments of goods via the mainland to markets not currently covered by the Scheme, we will level the playing field for more Tasmanian businesses, Mr Truss said.
Member for Bass Andrew Nikolic said that, with effect from 1 January 2016, Tasmanian companies shipping their goods via the mainland under the expanded component will be able to claim $700 per 20ft shipping container from the TFES.
From day one, the Tasmanian Government has been lobbying the Australian Government for an extension of the TFES
to all north-bound freight at the current rates of assistance.
While the Tasmanian Government supports an extension to the Federally-funded TFES
scheme, the Australian Government has clearly indicated that any changes must fit within the current funding envelope but any change on this basis threatens the vitally important Bass Strait shipping market and is, therefore, not acceptable.