Tasmanian budget: Raising revenue right
State and federal budget measures to improve fiscal outcomes in Tasmania
The deterioration of the Tasmanian budget means that net debt is expected to reach $10 billion by 2027-28. This paper outlines how the state could increase revenue by auctioning salmon licences, reforming gambling taxes, increasing mineral royalties, and increasing motor vehicle stamp duties and registration fees. If changes to the GST were also made, $11.4 billion could be raised in the five years to 2030.