Tasmania looks set to finally get its own AFL team.

Anthony Albanese is expected to visit Hobart this weekend to announce significant investment to build a new stadium.

The Prime Minister is expected to announce up to $240 million in federal funding will be put into the project.

Press PLAY below to hear how the news has been received in Tasmania

Sports journalist at WIN News Tasmania, Brent Costelloe, told Ross and Russel the location of the existing Bellerive Oval in Hobart isn’t central enough.

“It’s not close to the CBD and we’ve seen in Perth and Adelaide what a stadium in the CBD can do,” he said.

Mr Costelloe expects the Hobart team to join the AFL in 2028.