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Our plan to secure Tasmania's future is working

Peter Gutwein,Premier
Treasury’s March Quarterly Report 2020-21 released today shows a continuing improvement in the State’s finances as our economy recovers from COVID-19.
The Report demonstrates that our strong budget management is working, with own-source revenue growing with improvements in property and vehicles sales and increased mineral royalties.
Importantly, these higher revenues are working to reduce the budgeted operating deficit, and as a consequence the year-to-date Net Operating Balance is significantly lower than the forecast for the year.
Our plan to use our balance sheet to invest in our recovery is also working, with modest Net Debt as at March 2021, and also on track to be significantly lower at the end of the 2020-21 financial year compared to the budget forecast. ....

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State of State Address

Check against delivery
Madam Speaker,
In January last year I was honoured to receive the support of my colleagues to become the State’s 46th Premier and shortly after that, around 12 months to the day, coronavirus found its way to the Australian mainland and unfortunately to our shores as well.
We were faced with the probability of a significant health crisis if action wasn’t taken swiftly to protect our community, that action meant limiting people’s movements and closing businesses where people congregated, and sadly the impact on our economy was severe.
We banned cruise ships, closed our borders and we stayed home to save lives. ....

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