The Tasmanian government last week pledged an additional $400,000 over four years to increase Tasmania’s share of the business events market as part of the 2015-16 budget.

Business Events Tasmania (BET) CEO, Stuart Nettlefold said this  significant investment “shows that the Tasmanian State Government has great confidence in the business events sector in Tasmania, representing close to a 19 per cent increase to core funding provided annually to BET.”

“It’s great to see that the potential of our sector is being recognised at this level and it demonstrates the current strength of the industry in Tasmania, where we continue to see momentum building. The business event delegate is the highest spending in the visitor economy, a fact that hasn’t been lost on the State Government in their push to see the Tasmanian tourism boom continue.”

On the increase, the Association of Australian Convention Bureau (AACB) executive director, Andrew Hiebl, said it “is great to see the Tasmanian Government backing the business events sector through their recent budget announcement, and further reassuring to see this significant investment being trusted to the authorised convention bureau for the state – Business Events Tasmania.”