The Federal Labor Government has just announced that it will contribute $2.5 million to the North East Tasmania Cascade Forest and Blue Tier Iconic Mountain Bike Trails project.

Quoting staight from the medai release, the "Federal Minister for Regional Development and Local Government, Anthony Albanese said this funding will support the construction of 75 kilometres of world-class mountain bike trails across north east Tasmania."

That's got to be worth celebrating.

For the full media release click here.

If you want some more background on the project you can read the Potential for Mountain Biking in North Eastern Tasmania - Market Demand and Economic Assessment (March 2013) available from the Northern Tasmania Development website.  There's also some interesting documents on Launceton City Council's website for their May 20, 2013 meeting, including the 
North Eastern Mountain Bike Business Case (pdf).