Rockliff’s $4M Daily Overspend Signals Control Loss
By tabling a supplementary appropriation bill for $467,512,000 today, Premier Rockliff has given even more proof that he has lost control of Tasmania’s finances.
The budget appropriation bill only received Royal Assent on 1 November 2024. That means that since then, the Liberals have been overspending by close to a whopping $4 million a day.
Premier Rockliff’s failure to responsibly manage Tasmania’s finances has put the state in a dire situation.
Right up until last week, Premier Rockliff and Treasurer Guy Barnett maintained a façade that everything was under control.
Now, they have been forced to table a supplementary appropriation bill so that they can keep making the credit card payments on their record debt.
Tasmanians won’t be fooled by the chest-thumping and attempts by the Premier to appear like he’s doing something about the budget. Needing to ask the Parliament for more money is a clear admission that Premier Rockliff can’t manage money.
After 11 years of the Liberals, debt is exploding, and Tasmania’s finances have never been in worse shape. That will be this Government’s legacy.
Premier Rockliff’s fiscal incompetence is going to hurt future generations of Tasmanians who will be paying down the Liberals’ legacy debt for decades to come.
Josh Willie MP
Shadow Treasurer
https://taslabor.org.au/news/media-releases/supplementary-appropriation-proves-rockliff-has-lost-control-overspending-by-nearly-4-million-a-day/