Tasmania Forecasts Return to Net Operating Surpluses by 2027-28 and Peak Debt by 2028-29
2026-27 State Budget to Deliver Deficit, Followed by Projected Surplus and Debt Reduction Plan
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Tasmania's 2026-27 budget forecasts a deficit for the upcoming year, followed by a $192.5 million net operating surplus in 2027-28, with peak debt expected by 2028-29 before decline, according to Treasurer Eric Abetz.
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Tasmania aims to recover from projected deficits and high debt through the 2026-27 budget.
Tasmania is set to return to net operating surpluses within two years, and reach peak debt by 2028-29, today's state budget will forecast. Treasurer Eric Abetz's 2026-27 budget is expected to deliver a deficit for the upcoming financial year. However, a $192.5 million net operating surplus is forecast for the following year... (rest of the article preserved with paragraph breaks)
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Successful implementation of the budget could improve Tasmania's credit rating.
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- Exact peak debt figure
