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AAP
AAP
Politics
Ethan James

EXPLAINED: Big spending lib budget to sink state further into debt | Rare Historical Photos

Michael Ferguson (left) and Jeremy Rockliff have defended the Tasmanian government spending. (Rob Blakers/AAP PHOTOS)

Tasmania's Liberal minority government will more than double debt and delay a budget surplus, partly to fund cost-of-living relief and build infrastructure.

The 2024/25 budget, delivered on Thursday by Treasurer Michael Ferguson, forecasts net debt will rise from $3.5 billion in 2023/24 to $8.6 billion in 2027/28.

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