Message from the Premier

The 2025-26 Budget continues to drive the delivery of our 2030 Strong Plan for Tasmania’s Future.

It secures significant investment in the things that matter most to Tasmanians, including cost of living, health, housing, education, and keeping people safe.

It is a Budget that ensures we will continue to have a strong economy by backing business and economic growth.

Easing the pressure on family budgets is at the core of our 2030 Strong Plan for Tasmania’s Future, and this Budget delivers on what we said we would do.

It includes targeted and strategic support for Tasmanians, including our energy bill relief and half-price bus fares for students and regional routes.

We are also continuing to help more Tasmanians realise the dream of home ownership through our highly successful Stamping Out Stamp Duty initiative.

Tasmania has the strongest business confidence and conditions in the nation. Our unemployment rate is at a record low of 3.8 per cent, and we are building on this success in the 2025-26 Budget.

Our investment in inter-generational infrastructure over the past 11 years has transformed the State, but we are only just getting started.

The Budget builds on our legacy by investing in new and improved roads, rebuilding our hospitals, redeveloping schools, and delivering game-changing community and sporting infrastructure.

It also includes strategic investments to improve access to essential services such as primary health care, affordable housing, and education.

The Tasmanian Budget is all about getting the balance right.

Throughout the pandemic, we invested significantly to keep people safe, alive, and in work. Now, we are focused on recovery with this Budget providing a sensible pathway to net operating surplus by 2029-30.

With no new or increased taxes, this budget shows how we are building a better Tasmania: now and for the future.