The Cradle Mountain Cableway is in serious doubt after the Commonwealth withdraws $30 million in funding from the project because the Tasmanian government missed a deadline.
The Tasmanian government has missed a deadline to provide information to the Commonwealth about the proposed cableway for Cradle Mountain and funding has been withdrawnState Development Minister Guy Barnett says a business case has now been provided and he has requested the funding be restored
The Commonwealth has withdrawn a $30 million grant from the Cradle Mountain Cableway after the Tasmanian government failed to meet the April deadline for providing required information. Former prime minister Malcolm Turnbull announced the funding ahead of the Braddon by-election in 2018, with the money coming from the Community Development Grants Programme.
But last October, the federal Labor government announced that uncontracted funding under this grant scheme would need to be contracted by April, and completed by June 2026.In February, the Commonwealth confirmed it had not received a business case.Tasmanian Greens senator Nick McKim requested an update, and was told by the Commonwealth that the $30 million had been withdrawn.
The cableway was part of the 2016 Cradle Mountain master plan, but federal Labor questioned the progress on the project in 2022.Mr McKim said the project should now be cancelled."It was simply a pipe-dream of the develop-at-all-costs brigade, and a lazy attempt at pork barrelling."Minster requests reinstatement
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