Tasmania's Liberal minority government forecasts net debt to rise to $8.6B by 2027-28; delays surplus until 2029-30, despite a $5.
Tasmania's Liberal minority government forecasts its net debt will soar from $3.5 billion in 2023-24 to $8.6 billion by 2027-28, delaying a budget surplus until 2029-30. The 2024-25 budget includes a $5.1 billion infrastructure plan and $450 million in savings across departments. Critics, including the opposition, label it the worst budget in state history, accusing the government of jeopardizing Tasmania's future.
September 11, 2024
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