Tasmania has risen to first place in Australia in terms of ease to do business in the Cisco Australian Digital Readiness Index 2020 report, and when combined with its lack of coal use and reliance on hydro, the state jumped from near the bottom of the Australian states ranking to be firmly mid-table. The Apple Isle gained its increase on the back of having the highest five-year business survival rate in the country, being rated as the state with the highest level of government support for small businesses and having the second-highest rate of confidence among small to medium-sized businesses.

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