What does a new pulp mill mean for Tasmania?
Each Tasmanian household is, on average, expected to be able to spend an additional $870 per year into the future because of increased wealth in the community created by the pulp mill. For all Australian governments (State and national) almost $894 million in increased tax revenue will be generated between 2008 and 2030, some of which will be returned to Tasmania under the normal Commonwealth Grants Commission formula. There will be an additional $39 million annual expenditure by the construction workforce into the northern Tasmanian economy and a 15% increase on local property prices.
