House of Assembly Election 2021

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​The Charter of Budget Responsibility Act 2007

The Charter of Budget Responsibility Act 2007 (the Act) imposes a number of responsibilities on the Premier, Treasurer, Leaders of Opposition Parties and the Secretary of the Department of Treasury and Finance (Treasury).

Key requirements of the Act include:
  • the costing of election policies by the Secretary of Treasury;
  • if considered necessary, publication of a Pre-Election Financial Outlook Report by the Secretary of Treasury; and
  • the publication of a Fiscal Strategy Statement by Leaders of Opposition Parties.​​

​Costing of Election Policies

Under the Act, the Secretary of Treasury is required to undertake the costing of an election policy where requested to do so by the Premier or Leader of an Opposition Party.

Under the Act, the Secretary of Treasury is required to publicly release costed election policies. Costings of policies can be found below.

Guidelines for Costing Election Policies

  Guidelines for costing election policies - March 2021   (639Kb)

​Pre-Election Financial Outlook Report

The Act also requires the Secretary of Treasury to:

  • make a decision in relation to the need for a Pre-Election Financial Outlook Report within 5 business days of the commencement of the election costing period; and
  • in the event that a report is required, prepare and publish a Pre-Election Financial Outlook Report within 10 business days of the commencement of the election costing period.

In accordance with clause 10(1) of the Charter of Budget Responsibility Act 2007, the Secretary of Treasury has reviewed the current estimates for the 2020-21 Budget year and the following three financial years​ (2021-22 to 2023-24) and determined that the current estimates vary materially from the Revised Estimates Report (including December quarterly Report) released on 15 February 2021. In accordance with the Act, a Pre-Election Financial Outlook Report has been released.

  Pre-Election Financial Outlook Report - April 2021   (459Kb)​


​Fiscal Strategy Statements​

 The Act requires that the Premier and Leaders of Opposition Parties must:
  • publicly announce a fiscal strategy statement; and
  • provide a copy of the statement to the Secretary of Treasury within 15 business days of the commencement of the election costing period. 

  2021 Fiscal Strategy Statement - Tasmanian Greens Party   (152Kb)

  2021 Fiscal Strategy Statement - Tasmanian Labor Party   (135Kb)​

  2021 Fiscal Strategy Statement - Tasmanian Liberal Party   (76Kb)​



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