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TAS
State

Tasmania

Hobart Β· 580,000 Β· Liberal
Premier: Jeremy Rockliff Β· Treasurer: Michael Ferguson
CURRENT BUDGET
6 November 2025
“Rebuilding Tasmania”
DELIVERED
Next budget: 22 May 2026
πŸ’°
$8.5B
Annual Revenue
πŸ“€
$9.3B
Expenditure
⚠️
Deficit $0.8B
Budget Result
πŸ“Š
$34B
Gross State Product
πŸ‘₯
580,000
Population
🏦
$5.5B
Net Debt
πŸ“‰
Live Debt Clock
Estimated net debt accumulating in real time
↑ Rising
$
5,500,000,000
$5.5B
Net Debt
$9,500
Per Capita
16.2%
Debt-to-GSP
5.1%
Interest Rate

TAS net debt is rising as the state funds the AFL stadium, Macquarie Point development and Royal Hobart Hospital upgrades.

⏱️
Interest Cost Ticker
TAS pays @ 5.1% on $5.5B debt
Per Second
$8.89
Per Minute
$533
Per Hour
$31,999
Per Day
$767,967
Per Year
$280,500,000
Interest paid since you opened this page:
$0.00

πŸ“… Budget History

CURRENT
6 November 2025
“Rebuilding Tasmania”
Deficit $822M
Net Debt $5.5B
2025–26
“Rebuilding Tasmania”
Deficit $822M
Net Debt $5.5B
Official Budget β†’
2023–24
“Investing in Our Future”
Deficit $1.3B
Net Debt $4.8B
Official Budget β†’
2022–23
“Careful Financial Management”
Deficit $553M
Net Debt $4.0B
Official Budget β†’

🎯 Key Budget Priorities

1
AFL stadium and Macquarie Point development
2
Hydro-electric Battery of the Nation project
3
Salmon and aquaculture industry regulation
4
Housing crisis β€” social housing and homelessness
5
Healthcare β€” Royal Hobart Hospital