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Gutwein’s budget blunders

  • Peter Gutwein’s net debt up to $1.4 billion
  • Supposed surpluses a work of dodgy accounting
  • More delayed roads and infrastructure projects
  • More cuts to frontline jobs and essential services coming

Peter Gutwein’s Budget is in disarray, with nebt debt forecast to hit $1.4 billion by 2022-23 and deficits in every year of the forward estimates.

Shadow Treasurer David O’Byrne said Tasmanians deserve an honest set of books from the State’s Premier and Treasurer.

“Thanks to Peter Gutwein’s financial mismanagement, net debt will hit near record levels in a couple of years,” Mr O’Byrne said.

“That’s like forcing a debt of $2,600 on every single Tasmanian person.

“The Premier is also using devious accounting tricks designed to give people the impression he has extra money to manage unforeseen circumstances or invest in state priorities like health care, roads, and education.

“He counts hundreds of millions of dollars from Canberra for infrastructure as income – but then doesn’t list it as spending.

“Tasmanian taxpayers’ money is not Peter Gutwein’s to play with.  He should be up front with the community about the real state of his broken budget.”

The Liberal Government is also budgeting for increased dividends to be taken from Government Business Enterprises and will almost certainly spend less on infrastructure than they did last year.

“Peter Gutwein’s infrastructure budget is fast coming to a dead end – in fact they have spent $65 million less on roads and other infrastructure project than this time last year.

“This Premier is a fraud, has no strategy other than more cuts to jobs and services, and runs to the GBE’s each year in a panic to plug the holes in his budget, like they’re his very own ATM.

“Tasmanians deserve better than being saddled with massive debt by a Government focussed on politics and infighting.”

David O’Byrne
Shadow Treasurer