Fiscal Sustainability Report released

The Tasmanian Government has today released the five yearly Fiscal Sustainability Report under the Charter of Budget Responsibility.

The report highlights the fiscal challenges in the aftermath of the Covid years.

Treasurer Eric Abetz said that the report has recognised the need to ensure the budget is sustainable.

"As a Government, we are well aware of the need for discipline and budget sustainability," the Treasurer said.

"The 2026 Fiscal Sustainability Report, while not formal forecasts, emphasises the importance of enabling a glide path to sustainability.

"A number of the findings are already underway, acknowledging that no single action will be sufficient on its own.

“Tasmania’s economy is thriving, now worth a record $42.8 billion and continuing to grow.

“We have created more than 50,000 jobs since coming into Government, and we are continuing to invest in job-creating projects like Marinus Link and the Macquarie Point Stadium.

"The modelling in the SFR shows that the economy and budget is manageable - allowing us to deliver for Tasmanians and maintain service delivery.

"As we look to the May Budget, budget sustainability and the ongoing delivery of the services and infrastructure Tasmanians need and expect will continue to be front of mind."