Growing a more resilient economy through private investment

Encourage greater private investment and support industries to scale, diversify and compete. A more dynamic and investment-ready economy will provide stronger foundations for economic resilience and long-term income growth.

Potential key indicators :

• Trends in private and public capital investment
• Gross State Product and final demand
• Inbound private investment
• Investment facilitated in high-value sectors

Lifting productivity, innovation and competitiveness

Drive productivity gains across the economy through skills, innovation, infrastructure, technology adoption and smarter regulation. Stronger productivity and innovation will help businesses create more value, grow and compete in national and global markets.

Potential key indicators:

• State and sectoral productivity metrics
• Research and development intensity
• Business-reported technology adoption
• Employment in key sectors
• Educational commencements

Increasing participation and strengthening regional opportunity

Grow the size, capability and mobility of Tasmania's workforce, lift participation, and support all regions to benefit from growth. This will ensure more access to opportunity and strengthen communities across the state.

Potential key indicators:

• Tasmania’s age-standardised participation gap against the national average
• Regional Tasmania growth rate benchmarked against non-capital city growth
• Skilled migration to regional Tasmania