Debt, deficit, savings: Budget provides new insight into state's finances

The Fund recommends reaching a primary surplus of 3% (ANSA)

Debt, deficit, savings: Budget provides new insight into state's finances

Tasmania faces a $10.7 billion debt by 2026, with mounting government expenses outpacing revenue.

The National Bank of Romania (BNR) sees the adoption of a credible budget consolidation package as “crucial”, while the euro/leu exchange rate is seen as being at a “new level”. Still “high” risks to the “behavior” of the exchange rate stem from the large twin deficits and the pace of their deepening in the first months of the year […] The article BNR’s clear message on the deficit: “The adoption of a credible budget consolidation package is cru…

Tasmania's net debt to blow out even more, State Budget reveals

Tasmania’s net debt will blow out to nearly $11 billion by 2028-29.