Moody’s view of Tasmania budget

03 June 2015

 

Moody's says that the State of Tasmania's FY2015/16 budget indicates that robust revenue growth is projected to spur significant improvements in its financial performance both this fiscal year and over the medium term. Owing to large gains in GST commonwealth grants, and to a lesser degree higher tax income, deficits are set to narrow considerably, and the state is forecast to move into a surplus position by FY2018/19, a credit...

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