TAS
STATE
Tasmania Budget 2026
📍 Hobart
👥 580,000
👤 Jeremy Rockliff
Liberal since 2014
📅 Last budget: 6 November 2025
📅 Next budget: 22 May 2026
Tasmania is Australia's island state and a tourism and clean energy powerhouse. Budget relies significantly on Commonwealth grants. The next budget is expected May 2026.
$8.5B
Annual Revenue
$9.3B
Annual Expenditure
$34B
Gross State Product
580,000
Population
$5.5B
Net Debt
📋 Recent Budgets
Last Budget: 6 November 2025
Next Budget: 22 May 2026
| Year | Theme | Result | |
|---|---|---|---|
| 2025–26 | Rebuilding Tasmania | Deficit $822M | View ↗ |
| 2023–24 | Investing in Our Future | Deficit $1.3B | View ↗ |
| 2022–23 | Careful Financial Management | Deficit $553M | View ↗ |
Budget figures are indicative. Visit the official budget website for full documents.
🎯 Key Budget Priorities
- AFL stadium and Macquarie Point development
- Hydro-electric Battery of the Nation project
- Salmon and aquaculture industry regulation
- Housing crisis — social housing and homelessness
- Healthcare — Royal Hobart Hospital
❓ Frequently Asked Questions
When is the Tasmania budget 2026?
The Tasmania 2026 state budget was delivered on 22 May 2026. Treasurer: Michael Ferguson.
What is Tasmania's budget result for 2026?
Tasmania's 2026 budget result is Deficit $0.8B, with annual revenue of $8.5B and expenditure of $9.3B.
What is Tasmania's net debt?
Tasmania's net debt is $5.5B, representing 16.2% of Gross State Product (GSP: $34B).
Who is the Tasmania Treasurer?
The Tasmania Treasurer is Michael Ferguson, serving under Premier Jeremy Rockliff (Liberal, in office since 2014).
📊 Budget at a Glance
Annual Revenue
$8.5B
Annual Expenditure
$9.3B
Budget Result
Deficit $0.8B
🏛 Government
- Premier
- Jeremy Rockliff
- Treasurer
- Michael Ferguson
- Party / Coalition
- Liberal
- In Office Since
- 2014
- Capital City
- Hobart
- Jurisdiction Type
- State
🔗 Official Budget Resources
TAS Budget Website
Official government budget portal
TAS Treasury
Department of Treasury website