Pulse Tasmania: Tasmania’s net debt jumps nearly $1.5 billion in a single year

Tasmania’s net debt hit $6.5 billion at the end of the last financial year, up almost $1.5 billion from $5.04 billion a year earlier, according to the state’s Preliminary Outcomes Report for 2025-26.

The result has sparked a political clash today, with Treasurer Eric Abetz claiming the figure as a win and Shadow Treasurer Dean Winter calling it a sign of fiscal “destruction”.

NOTE: Later in the day, Labor voted with the Government to deny the people of Tasmania access to current stadium costings.