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Our Unique Business Environment
Tasmania is Australia’s island state, situated off the south-east corner of the Australian mainland. It has a varied climate and topography, ranging from mountains and forests in the west, to warm, dry conditions on the east coast.
Our ingenuity is earning the state a reputation as a dynamic and forward thinking investment environment but we can’t afford to rest on our laurels. It is our ability to innovate and adopt new ideas and technology that will help us keep the momentum going. Not too many years ago, the world viewed Tasmania as ‘isolated’ and its economy as a ‘basket case.’ Tasmania is now isolated only from the scourges of big city life - overcrowding, pollution, high-priced real estate, stress, poverty and crime.
Apart from lifestyle and natural beauty, one of Tasmania’s big drawcards is the quality, range and affordability of urban and rural real estate. Although prices have recently risen in many areas, new arrivals can still find a bargain - often with water views, a large landholding and access to nearby wilderness.
Tasmania’s population of 500 000 is evenly dispersed around the island. The capital city Hobart, nestled beneath beautiful Mt Wellington and boasting one of the world’s best deep water harbours, is simply stunning. Despite the real estate boom, Hobart still offers some of the cheapest capital city housing in Australia.
Launceston, in the state’s north is Tasmania’s second largest city. With its graceful, well preserved Victorian architecture and green parks Launceston is an important commercial centre deriving its wealth from wool, wine, agriculture, niche manufacturing and resource processing at the nearby Bell Bay industrial site.
In the fertile north-west, Burnie’s thriving dairy processors and specialised manufacturers now complement the traditional port, pulp and paper industries. Nearby Devonport is the gateway to the state being home port for Tasmania’s super fast ferries.
