Message from the Treasurer
The 2026-27 Budget is delivering a strong economy and caring community.
We have seen a decade of rapid growth, with our economy now worth a record $42.8 billion.
Unemployment has consistently remained among the lowest in the nation.
Tasmania’s businesses remain some of the most confident in the nation, supported by strong business conditions.
Now is the time to ensure we are getting the balance right.
It recognises that our nation, and the world, are facing turbulent times, and, in turn, we must respond to this uncertainty by delivering a Budget that can navigate it.
We are making the sensible savings needed while continuing to invest in the essential services and productive infrastructure that Tasmania needs to thrive now and into the future.
We are continuing our strong investment in the things that matter to Tasmanians – health, housing, cost of living, and more.
The 2026-27 Budget will invest over $15 billion into the Tasmanian Health System, continuing our strong commitment to the health and wellbeing of Tasmanians.
Investment in housing continues, with almost $900 million in the 2026-27 Budget.
Cost of living and education, public transport and tourism, roads, our veterans, Tasmanians living with disability and our emergency services are all key pillars the 2026-27 Budget supports.
We are getting the balance right and returning to a stronger fiscal position, moving to an operational balance in two years, and a fiscal balance in four.
We are doing this without increasing taxes, mindful of the cost of living pressures our fellow Tasmanians are already facing, and maintaining those services on which they rely while our economy continues to grow.
As a nation, we are navigating an uncertain geopolitical landscape that is having real impacts here at home.
This sensible pathway will be central to maintaining our strong position in the future.
Eric Abetz, Treasurer