Strong Budget Surplus
- 13 Jun, 2018
Peter Gutwein, Treasurer
The 2018-19 Budget I will hand down tomorrow will deliver on all our commitments to build Tasmania’s future and continue our track record of strong financial management.
Over the last 4 years we have built a strong financial platform and have laid the foundations to take Tasmania to the next level.
Tomorrow’s Budget contains an update on this year’s performance and I am pleased that last year’s budget forecast of a $54 million surplus will be surpassed for the 2017-18 financial year.
I can advise the Estimated Outcome for 2017-18 will be a significant improvement with the forecast now showing a surplus of $75 million.
This Budget will underpin our booming economy, strengthen business confidence, investment and job creation.
The Hodgman Liberal Government has achieved this result because of our strong and disciplined financial management and we will continue to deliver a surplus each and every year over the forward estimates.