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flag Tasmanian economist warns tough decisions, possibly including tax hikes, needed to address severe state debt.

flag Tasmanian economist Saul Eslake warns that addressing the state's severe debt crisis will require tough decisions likely to harm vulnerable residents. flag Eslake criticizes the government for spending without a clear funding plan, leading to the worst financial situation among Australian states. flag He advises against asset sales and suggests considering tax increases despite the government's opposition. flag The debt crisis stems from unfunded public sector liabilities and poor financial management.

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