Tasmanian budget in tatters under Liberals

Tasmanian Labor

The Liberals are today asking Parliament for another $341 million to get them through to the May budget.

Despite promising at the last election to deliver a $5.6 million budget surplus this year, the Premier Jeremy Rockliff and his Deputy and Treasurer Michael Ferguson are already $350 million in the red and their budget is filled with waste, rorts and blowouts.

This means the Liberal government is on track to deliver the worst budget deficit in Tasmania’s history, with Tasmanians set to pay the price.

The cost of major projects like the Brighton High School, Macquarie Point waste water treatment plant and the Glenorchy ambulance superstation have blown out by hundreds of millions of dollars – while spending on consultants and advertising is twice what it was when the Liberals were elected.

What’s even worse is that if they continue this way, Treasury’s Fiscal Sustainability Report has raised the alarming prospect of Tasmania having $30 billion of debt within a decade.

After nearly a decade in office, the Liberals have repeatedly shown they can’t deliver projects on time or within budget – yet they expect Tasmanians to believe they can do better with their proposed stadium.

But when given the opportunity in Question Time to rule out taxpayers footing the bill for the inevitable stadium budget blowouts, the Premier didn’t even come close to answering.

Tasmanian taxpayers now have every right to fear they will be on the hook for potentially hundreds of millions of dollars of cost overruns.

After nearly a decade in office, this tired Liberal Government has lost its way and dropped the ball on the economy and without meaningful action, Tasmanian taxpayers will continue to pay the price.

Shane Broad MP

Shadow Treasurer

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