The Tasmanian Government has successfully ironed out a deal with the M2 Telecommunications Group to attract 80 new jobs to the apple isle, and insured that 120 jobs stay there for the foreseeable future.
Minister for Economic Development, David O'Byrne, worked out an assistance package with M2 that saw the telco company score tax breaks and benefits under what he calls "a variation of payroll tax provisions".
As a result, 120 of M2's existing call centre jobs will stay in Tasmania and 80 new positions will be migrated from South Australian offices, the Tasmanian Government said in a statement.
The minister is chalking the deal up as a win for the Tasmanian ICT industry.
"As a government, we're determined to keep supporting and diversifying the Tasmanian economy, so we can raise more revenue to invest in key services for our community," O'Byrne said.