The Tasmanian budget showed a general government operating deficit of $58.5m for 2015-16, better by $75m than forecast last budget. The overall fiscal deficit of $157.1m, $50m better than before. Total state sector net debt is expected to rise from $529m Jun-15 to $740m Jun-16 so new borrowing requirement of around $210m. There are no maturities in 2015-16, so another quiet year of issuance is expected.
| Domestic Income Funds | Yield* | Assets |
|---|---|---|
| Coolabah Floating-Rate High Yield (Mngd)-Ast Inv | 9.19% | Alternative Fixed Income |
| Coolabah Short Term Income (Managed) | 5.42% | Alternative Fixed Income |
| Coolabah Short Term Income-Assisted | 5.82% | Alternative Fixed Income |
| Coolabah Short Term Income-Direct | 5.42% | Alternative Fixed Income |
| Finexia Childcare | 10.00% | Childcare Credit |
| Finexia StayCo | 10.00% | Accommodation |
| Barings | 9.00% | Real Estate |
| Qualitas Real Estate (QRI) | 9.00% | Real Estate |
* ANNUALISED INCOME DECLARED OVER PAST 3 MONTHS AT 1 FEB 24