Concern at subsidy cut

20/05/2018 Posted by admin

THE State Opposition has raised concerns over King Island Shipping subsidies falling, saying now was not the time to cut aid to the island A state budget leak had showed a significant fall in the subsidy, according to Deputy Opposition Leader Jeremy Rockliff. The figures in the document showed that, from a budgeted amount of $48,000 this financial year, the subsidy will be slashed to $27,000 next year and to just $16,000 in 2011-12. “If these figures turn out to be true when the budget comes down on Thursday, it will amount to another blow to the island,” he said. “The Government must explain the true impact of the subsidy cut.”
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