Tasmania’s Antarctic sector continues to grow
Tasmania’s Antarctic and Southern Ocean sector is contributing almost $159 million a year to our economy according to a new report.
This is $38.4 million more than two years ago.
Its overall economic value is an impressive $229 million per year, which constitutes a 23% increase since 2017-18.
The sector, which provides research, training and support services to the Australian Antarctic program, as well as those from around the world, now employs almost 950 people in Tasmania. Planned investment and development to support the sector points to further growth in the future.