Labor backs a decade of deficit

Tasmanian Labor have backed a trillion dollars of debt and a decade of deficit, calling it ‘responsible’ economic management.

In the same breath, the Opposition Treasury spokesperson repeatedly claims that Tasmania’s finances have never been in worse shape.

To be clear: Tasmania’s debt levels are manageable.

We have record low unemployment, the highest wage growth in the nation, record retail trade and our business confidence has topped the nation.

We have a clear plan to return to surplus by 2029-2030 – half the time it will take the Federal Government.

Labor can’t have it both ways.

If they back in the Federal Labor Government’s decade of deficit, they can’t oppose our sensible pathway to surplus.