{"id":824816,"date":"2026-08-25T02:00:18","date_gmt":"2026-08-25T02:00:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/824816\/"},"modified":"2026-08-25T02:00:18","modified_gmt":"2026-08-25T02:00:18","slug":"is-the-tassie-trade-off-of-lower-pay-still-a-good-deal-as-cost-of-living-bites","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/824816\/","title":{"rendered":"Is the &#8216;Tassie trade-off&#8217; of lower pay still a good deal as cost-of-living bites?"},"content":{"rendered":"<p class=\"paragraph_paragraph___QITb\">Tasmania&#8217;s lifestyle is generally slower and quieter compared with other Australian states.<\/p>\n<p class=\"paragraph_paragraph___QITb\">For most people, there are no long commutes to work or expensive tollways.<\/p>\n<p class=\"paragraph_paragraph___QITb\">And for many Tasmanians, nature is right on their doorstep.<\/p>\n<p class=\"paragraph_paragraph___QITb\">But on the flip side, job opportunities are limited, career progression can be slower, and the pay is often lower than in other states.<\/p>\n<p class=\"paragraph_paragraph___QITb\">It&#8217;s known as the &#8216;Tassie trade-off&#8217;.<\/p>\n<p><img decoding=\"async\" alt=\"Hobart city buildings with the docks in the foreground and a snow-covered Kunanyi\/Mount Wellington in the background\" class=\"Image_image__5tFYM ContentImage_image__DQ_cq\"  src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/08\/fdf860b0124312653e3e16a9008e7e4c.jpeg\" loading=\"lazy\" data-component=\"Image\" data-lazy=\"true\"\/><\/p>\n<p class=\"Typography_base__sj2RP FigureCaption_text__zDxQ5 Typography_sizeMobile12__w_FPC Typography_lineHeightMobile20___U7Vr Typography_regular__WeIG6 Typography_colourInherit__dfnUx\" data-component=\"Typography\">Tasmania, and its capital city of Hobart, have a slower paced lifestyle. (ABC News: Loretta Lohberger)<\/p>\n<p class=\"paragraph_paragraph___QITb\">&#8220;It is the least financially attractive labour market in the country,&#8221; Ryan Felsman, a senior economist at the Commonwealth Bank, said.<\/p>\n<p class=\"paragraph_paragraph___QITb\">Tasmania&#8217;s full-time average weekly earnings are $1,821, about $12,000 a year below the average of other states.<\/p>\n<p class=\"paragraph_paragraph___QITb\">Smaller pay and fewer job opportunities, along with rising house prices, could be behind a recent slowdown in Tasmania&#8217;s population growth, Mr Felsman said.<\/p>\n<p class=\"paragraph_paragraph___QITb\">Annual growth was 0.5 per cent in the year to December 2025, the lowest in the country.<\/p>\n<p class=\"paragraph_paragraph___QITb\">&#8220;The relationship between the labour market and population growth is strong,&#8221; Mr Felsman said.<\/p>\n<p>&#8220;People are more likely to stay or relocate to Tasmania if they can see long-term career prospects.&#8221;Choosing a tree change over career progression<\/p>\n<p class=\"paragraph_paragraph___QITb\">Kate Smyth, her husband and child moved to Tasmania from Queensland earlier this year.<\/p>\n<p class=\"paragraph_paragraph___QITb\">The family were seeking a lifestyle change rather than career opportunities.<\/p>\n<p class=\"Typography_base__sj2RP FigureCaption_text__zDxQ5 Typography_sizeMobile12__w_FPC Typography_lineHeightMobile20___U7Vr Typography_regular__WeIG6 Typography_colourInherit__dfnUx\" data-component=\"Typography\">Kate Smyth decided she didn&#8217;t want to &#8220;spend my time in a cubicle on my computer&#8221;. (ABC News: Ebony ten Broeke)<\/p>\n<p class=\"paragraph_paragraph___QITb\">&#8220;We were right next to the fastest-growing suburb on the Gold Coast, so there were a lot of people, a lot of traffic, a lot of crime,&#8221; Ms Smyth said.<\/p>\n<p class=\"paragraph_paragraph___QITb\">The family could not be happier with their decision to move to the Huon Valley.<\/p>\n<p class=\"paragraph_paragraph___QITb\">They are enjoying the local produce, cooking, gardening and spending time outside.<\/p>\n<p>&#8220;I am not used to seeing all these beautiful mountains,&#8221;  Ms Smyth said.<img decoding=\"async\" alt=\"Close up shot of Kate Smyth holding, wearing a white shirt, standing outdoors and looking to the camera with a soft smile.\" class=\"Image_image__5tFYM ContentImage_image__DQ_cq\"  src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/08\/fb73a1ceb7f9d577a811a25514954472.jpeg\" loading=\"lazy\" data-component=\"Image\" data-lazy=\"true\"\/><\/p>\n<p class=\"Typography_base__sj2RP FigureCaption_text__zDxQ5 Typography_sizeMobile12__w_FPC Typography_lineHeightMobile20___U7Vr Typography_regular__WeIG6 Typography_colourInherit__dfnUx\" data-component=\"Typography\">Kate Smyth says she and her family couldn&#8217;t be happier with their decision to move to Tasmania. (ABC News: Ebony ten Broeke)<\/p>\n<p class=\"paragraph_paragraph___QITb\">Ms Smyth&#8217;s partner works as a labourer while she works remotely in a part-time marketing role based interstate.<\/p>\n<p class=\"paragraph_paragraph___QITb\">She said a similar position would be hard to find in Tasmania and career progression was no longer a priority for her.<\/p>\n<p class=\"paragraph_paragraph___QITb\">&#8220;It doesn&#8217;t feel like a trade-off to me at all,&#8221; she said<\/p>\n<p>&#8220;I don&#8217;t want to spend my time in a cubicle on my computer.&#8221;<img decoding=\"async\" alt=\"Kate Smyth, with long golden hair and wearing a white shirt, rests her hands on a silver bowl and looks down with a smile.\" class=\"Image_image__5tFYM ContentImage_image__DQ_cq\"  src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/08\/59f083576382ed66391f55cee9791244.jpeg\" loading=\"lazy\" data-component=\"Image\" data-lazy=\"true\"\/><\/p>\n<p class=\"Typography_base__sj2RP FigureCaption_text__zDxQ5 Typography_sizeMobile12__w_FPC Typography_lineHeightMobile20___U7Vr Typography_regular__WeIG6 Typography_colourInherit__dfnUx\" data-component=\"Typography\">Kate Smyth enjoys living in country Tasmania. (ABC News: Ebony ten Broeke)<\/p>\n<p class=\"paragraph_paragraph___QITb\">But Ms Smyth knows not everyone has the financial freedom to make the same choices.<\/p>\n<p class=\"paragraph_paragraph___QITb\">The family sold their Gold Coast home when prices were high, and by buying a more remote Tasmanian property, they are now mortgage-free.<\/p>\n<p>&#8220;Yes, we know that it&#8217;s a privilege to be in that position, but we wanted to make the most of it,&#8221;  she said.Deal gets worse since the pandemic<\/p>\n<p class=\"paragraph_paragraph___QITb\">Taking a lower-paid job in Tasmania was less of a trade-off before the pandemic, when Tasmanian house prices were significantly below those in most other states.<\/p>\n<p class=\"paragraph_paragraph___QITb\">Since then, <a class=\"Link_link__kR0xA Link_link__5eL5m ScreenReaderOnly_srLinkHint__OysWz Link_showVisited__C1Fea Link_showFocus__ALyv2\" href=\"https:\/\/www.abc.net.au\/news\/2026-07-23\/australia-housing-market-downturn-property-prices-decline\/106939050\" data-component=\"Link\" data-uri=\"coremedia:\/\/article\/106939050\" rel=\"nofollow noopener\" target=\"_blank\">house prices have risen, and the rental market is tight<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"Mountain and houses\" class=\"Image_image__5tFYM ContentImage_image__DQ_cq\"  src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/08\/9bf0bf138649f744dfe1ef891bbd75c1.jpeg\" loading=\"lazy\" data-component=\"Image\" data-lazy=\"true\"\/><\/p>\n<p class=\"Typography_base__sj2RP FigureCaption_text__zDxQ5 Typography_sizeMobile12__w_FPC Typography_lineHeightMobile20___U7Vr Typography_regular__WeIG6 Typography_colourInherit__dfnUx\" data-component=\"Typography\">House prices and rents in Tasmania have risen while wages remain lower than in other states. (ABC News: Luke Bowden)<\/p>\n<p class=\"paragraph_paragraph___QITb\">&#8220;I believe that may have been why in our last spurt of economic growth we didn&#8217;t get the interstate migration that we normally do, because our house prices and, in many cases, our rents were higher than many other places on the mainland,&#8221; Paul Blacklow, a senior lecturer in economics at the University of Tasmania, said.<\/p>\n<p class=\"paragraph_paragraph___QITb\">Many Tasmanians and prospective Tasmanians have shared their thoughts about the trade-off on social media.<\/p>\n<p class=\"paragraph_paragraph___QITb\">Kelly:\u00a0<\/p>\n<p class=\"paragraph_paragraph___QITb\">&#8220;We have actually been blown away at the difference in wages here, not $5 an hour, it&#8217;s literally $20+\/hour difference, which seems so crazy!! But it is such a nice place, and so refreshing after being on the mainland.&#8221;<\/p>\n<p class=\"paragraph_paragraph___QITb\">Mel:<\/p>\n<p class=\"paragraph_paragraph___QITb\">&#8220;My equivalent role in Tasmania is $70-80k less. The average mainland role are frequently $30k different to Tasmanian roles.&#8221;<\/p>\n<p class=\"paragraph_paragraph___QITb\">Jason:<\/p>\n<p class=\"paragraph_paragraph___QITb\">&#8220;At least half of my 25 cousins are on the mainland because of the job situation.&#8221;<\/p>\n<p class=\"paragraph_paragraph___QITb\">Raven:<\/p>\n<p class=\"paragraph_paragraph___QITb\">&#8220;I do an equivalent job [in NSW] to one that paid me $45k in Tasmania and I make over $100k p\/a and I&#8217;m no longer freezing all the time too.&#8221;<\/p>\n<p class=\"paragraph_paragraph___QITb\">Deborah:<\/p>\n<p class=\"paragraph_paragraph___QITb\">&#8220;I took a $20,000 a year pay cut. Moving to Tassie was the best thing I ever did. You know, money isn&#8217;t everything. I have a superb quality of life.&#8221;<\/p>\n<p>Not the right jobs available in Tasmania<\/p>\n<p class=\"paragraph_paragraph___QITb\">Tasmania does not have a job shortage but rather a job mix problem, Mr Felsman said.<\/p>\n<p class=\"paragraph_paragraph___QITb\">Job vacancies in Tasmania have grown faster than those in any other state since the pandemic.<\/p>\n<p class=\"paragraph_paragraph___QITb\">&#8220;Job vacancies are actually up by 146 per cent [in Tasmania] in that period through to the middle of 2026,&#8221; Mr Felsman said.<\/p>\n<p><img decoding=\"async\" alt=\"a headshot of Ryan Felsmam, a man with greying cropped hair in a navy suit jacket\" class=\"Image_image__5tFYM ContentImage_image__DQ_cq\"  src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/08\/3e50de6b67c19355290c455f6be32920.jpeg\" loading=\"lazy\" data-component=\"Image\" data-lazy=\"true\"\/><\/p>\n<p class=\"Typography_base__sj2RP FigureCaption_text__zDxQ5 Typography_sizeMobile12__w_FPC Typography_lineHeightMobile20___U7Vr Typography_regular__WeIG6 Typography_colourInherit__dfnUx\" data-component=\"Typography\">Ryan Felsman says Tasmania has a job mix problem. (Supplied: Ryan Felsman)<\/p>\n<p class=\"paragraph_paragraph___QITb\">The state had about 5,800 vacancies in May this year.<\/p>\n<p class=\"paragraph_paragraph___QITb\">But the demand for workers in Tasmania is concentrated in lower-paid frontline jobs in health, care, hospitality, education and farming.<\/p>\n<p class=\"paragraph_paragraph___QITb\">&#8220;The hardest jobs to find are the corporate, tech and engineering roles that anchor a career ladder, a big part of why some workers leave,&#8221; Mr Felsman said.<\/p>\n<p><a href=\"https:\/\/www.abc.net.au\/news\/2026-08-07\/could-you-live-on-jobseeker-payments\/106866554\" data-component=\"FullBleedLink\" class=\"RelatedCard_link__rsgR9 FullBleedLink_root__lTw_U interactive_focusContext__yRhc_ interactive_defaults__AKxUU FullBleedLink_showVisited__g3Xvz\" rel=\"nofollow noopener\" target=\"_blank\">How Australians on JobSeeker are living on $68 a day<\/a><\/p>\n<p class=\"Typography_base__sj2RP RelatedCard_synopsis__cFwMW Typography_sizeMobile14__u7TGe Typography_lineHeightMobile20___U7Vr Typography_regular__WeIG6 Typography_colourInherit__dfnUx\" data-component=\"Typography\">Calls for a boost to unemployment benefits have gone unheeded and experts say it is pushing job seekers into poverty.<\/p>\n<p class=\"paragraph_paragraph___QITb\">Alongside Tasmania&#8217;s job vacancy rate sits an unemployment rate of 4.9 per cent (June 2026), the Australian Bureau of Statistics (ABS) shows.<\/p>\n<p class=\"paragraph_paragraph___QITb\">It reflects that the jobs on offer do not match the skills or location of those looking for work.<\/p>\n<p class=\"paragraph_paragraph___QITb\">Tasmania also has a sicker, older population, which means participation in the labour market is the lowest in the country at 60.6 per cent (June 2026) compared with the national figure of 67 per cent.<\/p>\n<p>Bright spots on the horizon<\/p>\n<p class=\"paragraph_paragraph___QITb\">There are some upsides to Tasmania&#8217;s job market.<\/p>\n<p>Loading&#8230;<\/p>\n<p class=\"paragraph_paragraph___QITb\">Paul Blacklow said there might be opportunities for Tasmanians to move up in their careers.<\/p>\n<p class=\"paragraph_paragraph___QITb\">It can be difficult for employers to fill higher-grade specialist positions, he said, and an aging and retiring workforce could accelerate that.<\/p>\n<p class=\"paragraph_paragraph___QITb\">&#8220;It does allow some people with less experience a chance at a higher role to prove themselves, so there are potentially great opportunities in Tasmania&#8217;s job market,&#8221; Mr Blacklow said.<\/p>\n<p><a href=\"https:\/\/www.abc.net.au\/news\/2026-05-25\/not-moving-jobs-not-starting-businesses-not-moving-states-data\/106599004\" data-component=\"FullBleedLink\" class=\"RelatedCard_link__rsgR9 FullBleedLink_root__lTw_U interactive_focusContext__yRhc_ interactive_defaults__AKxUU FullBleedLink_showVisited__g3Xvz\" rel=\"nofollow noopener\" target=\"_blank\">Data shows why Australians aren&#8217;t switching jobs or starting businesses<\/a><\/p>\n<p class=\"Typography_base__sj2RP RelatedCard_synopsis__cFwMW Typography_sizeMobile14__u7TGe Typography_lineHeightMobile20___U7Vr Typography_regular__WeIG6 Typography_colourInherit__dfnUx\" data-component=\"Typography\">People are less mobile, less dynamic and more risk-averse than we used to be, a series of economic indicators show.<\/p>\n<p class=\"paragraph_paragraph___QITb\">He also believes artificial intelligence could be less of a disruptor to the Tasmanian jobs market compared with other states.<\/p>\n<p class=\"paragraph_paragraph___QITb\">&#8220;Primarily because we do have a large proportion of our economy in making things, so the larger agricultural sector, mining and manufacturing,&#8221; Mr Blacklow said.<\/p>\n<p class=\"paragraph_paragraph___QITb\">However, it has been a difficult year for manufacturing in Tasmania, with the <a class=\"Link_link__kR0xA Link_link__5eL5m ScreenReaderOnly_srLinkHint__OysWz Link_showVisited__C1Fea Link_showFocus__ALyv2\" href=\"https:\/\/www.abc.net.au\/news\/2026-08-03\/liberty-bell-bay-smelter-officially-enters-liquidation\/106989546\" data-component=\"Link\" data-uri=\"coremedia:\/\/article\/106989546\" rel=\"nofollow noopener\" target=\"_blank\">closure of Liberty Bell Bay manganese smelter leaving 200 workers without jobs<\/a>.<\/p>\n<p class=\"paragraph_paragraph___QITb\"><a class=\"Link_link__kR0xA Link_link__5eL5m ScreenReaderOnly_srLinkHint__OysWz Link_showVisited__C1Fea Link_showFocus__ALyv2\" href=\"https:\/\/www.abc.net.au\/news\/2026-06-02\/tas-boags-ends-tasmanian-production\/106748810\" data-component=\"Link\" data-uri=\"coremedia:\/\/article\/106748810\" rel=\"nofollow noopener\" target=\"_blank\">Boag&#8217;s Brewery in Launceston is closing its doors<\/a> in November, affecting 42 jobs.<\/p>\n<p class=\"paragraph_paragraph___QITb\">There have also been concerns about <a class=\"Link_link__kR0xA Link_link__5eL5m ScreenReaderOnly_srLinkHint__OysWz Link_showVisited__C1Fea Link_showFocus__ALyv2\" href=\"https:\/\/www.abc.net.au\/news\/2026-06-10\/tas-sa-nyrstar-zinc-smelter-feasibility-funding\/106779084\" data-component=\"Link\" data-uri=\"coremedia:\/\/article\/106779084\" rel=\"nofollow noopener\" target=\"_blank\">the future of Nystar<\/a> and <a class=\"Link_link__kR0xA Link_link__5eL5m ScreenReaderOnly_srLinkHint__OysWz Link_showVisited__C1Fea Link_showFocus__ALyv2\" href=\"https:\/\/www.abc.net.au\/news\/2026-08-24\/bell-bay-aluminium-power-deal-deadline-approaches\/107070396\" data-component=\"Link\" data-uri=\"coremedia:\/\/article\/107070396\" rel=\"nofollow noopener\" target=\"_blank\">Bell Bay Aluminium.<\/a><\/p>\n<p class=\"paragraph_paragraph___QITb\">Both industrials are among the state&#8217;s biggest employers.<\/p>\n","protected":false},"excerpt":{"rendered":"Tasmania&#8217;s lifestyle is generally slower and quieter compared with other Australian states. For most people, there are no&hellip;\n","protected":false},"author":2,"featured_media":824817,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101,134,6728,64640,7714],"class_list":["post-824816","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-jobs","tag-population","tag-tas","tag-tasmania"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/824816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=824816"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/824816\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/824817"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=824816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=824816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=824816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}