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Future Proofing Kingborough’s Economy

The Kingborough Council has welcomed an announcement of funding from the Federal Government to develop an economic plan for the Municipal Area.

Kingborough Mayor, Paula Wriedt said the municipality was growing and transitioning from its traditional regional suburban roots.

“As one of the fastest growing areas in Southern Tasmania, Council wants to make sure that we future proof Kingborough’s economy.

“Kingborough is a highly desirable municipality with a range of services and natural amenities, but it has limited opportunities in local employment and a high reliance on people driving to Hobart for work,” Cr Wriedt said.

Senator Eric Abetz said the $20K funding would be used to better understand the economy in the municipality and provide a mechanism to build resilience and grow local productivity.

“This funding is an important lever which will guide business development, allow a greater use of local suppliers and create more jobs,” Senator Abetz said.

“The Federal Government understands how important it is for Kingborough to develop into a self-reliant economic centre.”

“This funding will provide analysis for potentially leveraging more economic stability for Kingborough’s future.”
Cr Wriedt said this funding comes at a great time, as we prepare to transform Kingston’s CBD from the middle of 2022 to improve amenity and boost investment opportunities.

“This funding will allow Council to develop an economic road map for Kingborough which alongside the current and future developments in Kingston will transform this municipality into a regional economic hub.

The funding is through the Building Better Regions Round 5 The Community Investments Stream. Community Investments Stream: Round 5 grant recipients | business.gov.au