NewsBite

At a glance: Your five-minute guide to Tasmania’s State Budget 2019

Want to know what is in the State Budget, but don’t have a lot of time? Here’s a quick rundown of Tasmania’s latest fiscal plan and how it might affect you.

The winners and losers from the Tasmanian State Budget 2019.
The winners and losers from the Tasmanian State Budget 2019.

WANT to know what is in the State Budget, but don’t have a lot of time? Here’s a quick rundown of Tasmania’s latest fiscal plan and how it might affect you.

MORE STATE BUDGET NEWS:

FAST-TRACK PLAN FOR AFFORDABLE HOUSING

HEALTH: WHAT GOVERNMENT IS DOING ABOUT THE RHH

ANALYSIS: DRESSING UP THE ORDINARY

EDUCATION: EARLY LEARNING A WINNER

The 2019-20 Tasmanian Budget at a glance:

Government revenue: $6.4 billion, up 1.6 per cent.

Government expenditure: $6.3 billion, up 0.8 per cent.

Predicted surplus: $57.2 million.

Infrastructure spending: $723 million.

Growth: 2.75 per cent.

Unemployment: 6.25 per cent.

Consumer price index: 2.25 per cent.

Highlights: Infrastructure spending: $1.6 billion on roads and bridges, $352 million on hospitals and health, $194 million on schools and $212 million on housing and human services.

Key measures:

- 0.75 per cent efficiency dividend imposed on the public sector and a revamp of the State Service Act.

- 300 more nurses, 60 more doctors and 40 more allied health professionals for the Royal Hobart Hospital.

- $1.6 billion in spending for transport infrastructure, including $294 million towards the new Bridgewater Bridge, $292 million for road upgrades and $300 million for rail infrastructure.

- 15 percentage point of consumption tax to be introduced on online gambling from 2020.

- $91m for Stage 2 of the Royal Hobart Hospital development.

- Funding to improve traffic in Hobart, Launceston and the Tamar Valley

- $2.75 million to boost defence industries,

- $16 million for the West Coast Wilderness Railway.

Add your comment to this story

To join the conversation, please Don't have an account? Register

Join the conversation, you are commenting as Logout

Original URL: https://www.themercury.com.au/news/politics/at-a-glance-your-fiveminute-guide-to-tasmanias-state-budget-2019/news-story/f717ae609bb23cbf66e4647797d797ad