The September Quarterly Report 2025-26 has today been published, revealing an improvement in Tasmania's Net Operating Balance from the same time last year.
The September Quarterly Report has been prepared under the Financial Management Act 2016 and presents financial results for the three months ending 30 September 2025 for the General Government Sector and the Public Account.
Treasurer, Eric Abetz, said that Tasmania's economy is strong.
"This is a Government that backs in strong finances, strong services and strong families, which together deliver a strong future for Tasmania," the Treasurer said.
"We recently welcomed nation leading business confidence and unemployment once again.
"Our economy is worth a record $42.6 billion and growing, we have strong business conditions and we have created over 51,000 jobs since 2014."
The report points to a deficit of $488.6 million, an improvement from $620 million in the same period last year.
Seasonal and timing factors significantly affect these results, with timing differences in revenue collection and expenditure patterns occurring at different points throughout the financial year.
In the context of the September Quarterly Report, these factors significantly influence the early-year financial position and make quarterly results less indicative of the full-year outcome.
The report is available here.
