Geoscience Initiative Program The Geoscience Initiative is a new program of targeted geoscience projects focused on the North West and Western regions of Tasmania that compliments an enhancement of data storage and analysis capabilities at the Mineral Resources Tasmania Core Library. The program will provide Tasmania the best opportunity to attract investment as the mineral exploration and mining sectors recover. Great Eastern Drive To help boost regional tourism on Tasmania's East Coast, the Government named and marketed the Tasman Highway (between Orford and St Helens) as the Great Eastern Drive. Additional funding over the Forward Estimates of $6.3 million over three years has been provided to fund capital works to enhance the visitor experience on Tasmania's iconic tourist drive. Hospitality Industry Policy Implementation As part of its election commitments, the Government allocated funding in 201617 to continue the implementation of the Hospitality Industry Policy. The hospitality sector is a critical part of the Tasmanian tourism industry and ensuring that it is appropriately supported is vital to achieving the Government's vision to grow the State's visitors to 1.5 million by 2020. King Island Shipping Service Facilitation The Tasmanian Government has been working closely with the King Island Council and the Island community to ensure the continuation of essential shipping services following the anticipated withdrawal of the current weekly SeaRoad Mersey service to the Port of Grassy in late 2016. Negotiations are currently underway in relation to the future provision of the service and an announcement will be made when these negotiations are completed. Metro Bus Fleet Initiative Tasmania Pty Ltd will be provided with four annual equity payments of $4.5 million to implement a Metro Bus Infrastructure capital initiative. This will provide the advanced manufacturing sector in Tasmania with the opportunity to bid for manufacturing, customising and fitout work to deliver an accelerated replacement Metro Tasmania bus fleet. This equity payment will be made by FinanceGeneral. For further detail please refer to chapter 3 of this Budget Paper. North Melbourne AFL Games The Government is currently in negotiations with North Melbourne to extend the commitment to play in Hobart. It is expected that funding arrangements will be finalised during the 201617 financial year.
Screen Industry Development Developed projects that advance into production5 Ratio 4.4:1 4:1 6:1 6:1 Investment Attracted6 Ratio 12.4:1 14:4 5:1 5:1 Leveraged spend in the state 4.4:1 7:1 4:1 4:1 . It is typical the oneoff effect of a redevelopment opening year to see a reduction. Target numbers for 201516 are 40 per cent (325 visitors per day) above preredevelopment figures, which averaged 800 visits per day. . Attendance at selected cultural venues includes only organisations receiving assistance under the Programs Category of the Cultural Heritage Program of Arts Tasmania. . Contribution to state product of selected arts industries in 201314 has been revised downwards by the ABS in its publication 5220.0 Australian National Accounts: State Accounts. It was previously reported at $67.3 million. . Data for this measure has been gained from the ABS release Participation in Selected Cultural Activities, Australia (Cat. No. 4921.0). It compares with a national participation rate of 26.8 per cent. . The industry standard ratio for developed projects advancing into production is 10:1. The ratio varies because of the time taken by some projects to go into production, and because of that time, this ratio has been taken over three years. . Investment Attracted ratios vary in line with the size of production budgets. Animation and TV drama series leverage more investment and jobs than documentaries. Output Group 6: Subsidies and Concessions 6.1 Shipping and Ferry Subsidies This Output relates to payments for the provision of services for the Bruny Island Ferry, Furneaux Shipping and King Island Shipping. 6.2 Metropolitan General Access Regular Passenger Transport Services This Output relates to the contract funding provided to suppliers of public bus services, including schooldayonly services in the metropolitan areas of Hobart, Launceston, Devonport and Burnie. 6.3 Rural and Special Needs School Bus Services This Output relates to contract payments to operators of rural and special needs school buses during the school year. 6.4 NonMetropolitan General Access Regular Passenger Transport Services This Output relates to contract funding provided to suppliers of public bus services outside the metropolitan areas of Hobart, Launceston, Devonport and Burnie but includes services to, from and between the metropolitan areas. 6.5 Construction of Streets in Towns This Output contributes to the construction of streets as provided under the Local Government (Highways) Act 1982 and the Local Government Act 1993.