The 2022-23 State Budget is about strengthening Tasmania’s future.
It’s about making Tasmanians’ priorities our priorities.
Taking action on the cost of living, keeping Tasmanians safe and investing more into health and mental health, education and housing than ever before.
Despite the impact of the COVID-19 pandemic the Tasmanian economy remains strong.
There are 26,000 more jobs today than when we first came to Government.
Retail trade is up, exports are up, business confidence is up and the unemployment rate is down.
The 2022-23 Budget will support further economic growth and ore than 11,000 additional jobs over the Budget and Forward Estimates.
As Premier, I am committed to leading a Government with integrity and heart, one that is courageous, accountable and delivers on its commitments.
The 2022-23 State Budget balances providing support to help Tasmanians who need it most, maintaining our strong pace of delivery, and investing to strengthen Tasmania’s future.
Jeremy Rockliff, Premier of Tasmania
For nine consecutive quarters the Tasmanian economy has led the nation, holding the mantle of the best-performing economy and ranking highly in the key economic indicators.*
Having a strong economy is essential, as it has allowed the Government to invest more into the things Tasmanians care about.
The 2022-23 State Budget is about strengthening our future. It builds on the gains already made and focuses on delivering for all Tasmanians.
It includes a landmark $5.6 billion to continue building the infrastructure our communities need, increases health expenditure to a third of the entire Budget, with $11.2 billion across the Budget and forward estimates, and provides $538 million over the next four years, which is part of our record $1.5 billion over 10 years to build 10,000 new homes for Tasmanians.
This Budget will see funding for education, skills and training grow to a record $8.5 billion and support industries that help to underpin the Tasmanian economy and take our products and brand to the world.
This Budget balances providing support to help Tasmanians who need it most, maintaining our strong pace of delivery, and investing to strengthen Tasmania’s future.
*CommSec State of the State Report April 2022
Michael Ferguson, Treasurer