Tasmania’s Treasurer has delivered his first budget where a $1 billion deficit is forecast for next financial year, but returning to surplus in 2029/30.
The government’s been assessing whether selling government owned businesses would be in the state’s financial interest.
Guy Barnett’s revealed which of them will definitely remain in public hands along with Hydro.
“The Port Arthur Historic Site Management Authority, TasCorp, TasRacing, TasRail, Entura and the Public Trustee.”
Having ruled out an amalgamation with TasRail and TasPorts, Spirit of Tasmania operator TT Line is also to remain a government owned business.
Labor’s Josh Willie has pounced on the debt side of the budget.
“Treasurer Barnett in his first attempt has delivered the worst budget in Tasmania’s history, this is the most unsustainable budget in Tasmania’s history, debt is spiraling out of control, there is no pathway to surplus.”
