I’m going to start with a story about growing up in Tasmania in the 1990s.
The economy wasn’t great, with unemployment at around 11%, no economic growth to speak of and a high State debt. In these formative years, I was surrounded by both the defeatists and the hopelessly optimistic. Many said that the Tasmanian economy had no hope and had been on the downward slide since the end of Transportation. Others dreamed of the One Big Project that was going to save us all: the Mt Wellington cable car, the Oceanport cruiseship terminal, the enormous pulp and paper mill, the largest catamaran factory in the world.
The Oceanport company turned out to have $1 to its name, the catamaran company went bankrupt, the pulp mill dream ultimately saw a prominent businessman gaoled for bribery, a Premier resign in disgrace and the state’s largest company fall into receivership. The cable car dream quietly slinked away, only to return recently as the economy again started to go sour.
But in the intervening decade, Tasmania’s economy flourished. There was no One Big Project that achieved this. There were however lots of small projects. There was the ongoing success of the King Island Dairy. There were dozens and dozens of independent bed and breakfasts serving a growing tourist trade. There was the ever expanding Taste of Tasmania and Ten Days on the Island festivals. There were interstate expansions of home-grown beer and seafood brands Boags and Tassal. There was no one big project, just one big vision – a vision based on contested but broadly shared values of wholesome clean produce, pride in work and lack of pretention. Tasmanians still complain about their economy, but the improvement is obvious to someone like me who left 12 years ago.
Tasmania’s problem wasn’t a lack of big projects, funding or infrastructure.
It was a failure of self-belief. Continue reading