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Loan scheme core of northern Tas stimulus

AAP logoAAP 26/09/2016

A $60 million interest-free loan scheme is the key component of a stimulus package for northern Tasmania, announced by the state government.

The Liberal administration wants to close the north-south divide in economic growth and Premier Will Hodgman, together with Treasurer Peter Gutwein on Tuesday unveiled a plan valued about $100 million.

"The major component is a $60 million partnership with councils on the north and northwest to bring forward significant infrastructure investments," Mr Gutwein said.

"These are targeted measures that will not only create jobs immediately but will leave a legacy of improved infrastructure for our schools, in our northern regions and across industries like civil construction and tourism."

The fast-tracked infrastructure improvements will not include the upgrade of ageing water and sewerage infrastructure problems, which have long been a complaint of residents and community leaders.

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