The 2025-26 Revised Estimates Report shows Tasmania's strong economic performance under this Liberal Government is delivering improved revenue growth, with increased receipts and stronger returns.
The report highlights Tasmania's favourable GST revenue, which contributed to a $91.2 million improvement in the Net Operating Balance this year.
The State's unemployment rate has remained around 4 per cent, among the lowest on record, reflecting strong labour market conditions and continued opportunities for Tasmanians.
Tasmania's economic growth forecasts have strengthened further, with Gross State Product expected to grow by 1.5 per cent in 2025-26, against the 1 per cent forecast in the Budget.
Treasurer Eric Abetz said the Report confirms that Tasmania's diverse economy remains strong.
"Tasmania's economy is performing well, with sustained growth and one of the lowest unemployment rates in the nation," the Treasurer said.
"The Revised Estimates Report shows that Tasmania's gross state product has recorded the strongest growth of any state over the past eight years.
"Underpinned by this strong economic performance, we have laid the foundation for Tasmania's future, placing ourselves in a good position to confront our fiscal challenges.
"We must ensure taxpayers' money is being used efficiently, and agencies will continue to be working through productivity and efficiency improvements in the lead up to the May 2026 Budget.
"Tasmanians will always enjoy a stronger economy under a Liberal Government - these strong returns allow us to invest in the state, support Tasmanian jobs and care for the community."
