Cadbury Factory

Cadbury factory: Speaking at the Liberal State Council in Hobart today, Mr Abbott confirmed $16 million originally marked for a Cadbury factory upgrade will be rolled into the new grant program, according to Australian Broadcasting Corporation. The State Government has also kicked in $8 million. Related Story: Tasmania Opposition casts doubt over $16m Cadbury grant Related Story: Cadbury dips out of $16m grant for Hobart factory upgrade Map: Hobart 7000 Tasmanian businesses will be able to apply for a share of a new $24 million jobs and investment fund unveiled by Prime Minister Tony Abbott. Mr Abbott said the fund would deliver a $72 million boost to the Tasmanian economy, as businesses would be required to match every $1 in taxpayer funds with $2. The independent Member for Denison, Andrew Wilkie, said the outcome was a broken promise. "The Prime Minister announcement today that the Cadbury money will spread across the state is a broken promise and a betrayal of the people of Glenorchy," he said. "The fact is that a specific need for economic stimulus was identified in Denison and in the Glenorchy area in particular. "The money was for Glenorchy alone and a 2013 Liberal Party election promise, and to blame Cadbury for failing to deliver it is quite dishonest. "Glenorchy has one of the highest unemployment rates in the state. Cadbury withdrew its funding request to upgrade its Claremont site earlier this year. "The $16 million committed to Cadbury will remain in Tasmania and will be invested in projects that deliver jobs and productivity growth to the state," Mr Abbott said. (news.financializer.com). As reported in the news.