Overview

• A total of $14.5 billion is allocated to the state’s health system over the next four years, boosting spending by 12 percent to improve patient access, retain staff and expand oral health services.
• Education funding rises by 5 percent to $9.9 billion over the forward estimates, including $296 million for upgrades at 23 schools across the state.
• Infrastructure investment of $3.5 billion over four years targets roads, bridges, hospitals and schools alongside cost increases for a new Hobart stadium (now $945 million) and a Devonport port upgrade ($493 million).
• The budget delivers $550 million in cost-of-living relief, featuring a $60 energy bill rebate per household and ongoing stamp duty concessions for first-home buyers.
• It projects net debt to peak at $9.6 billion by 2027-28 and keeps asset sales on the table to support a return to net operating surplus by 2029-30.