The Tasmanian government will begin publishing monthly financial reports for its eight departments from November.
The state government says the framework will make Tasmania the first state in Australia to release monthly departmental finances.
Reports will cover the general government sector as a whole and each of the eight departments.
The government says that will let the community monitor financial performance throughout the year.
Treasurer Eric Abetz said the framework would give Tasmanians more regular and accessible information about the state’s finances.
“Transparency and accountability are fundamental to good government and this commitment delivers both,” Abetz said.
“For the first time, monthly financial reports will be publicly released, giving Tasmanians greater visibility of how public money is being managed.”
Reporting will start once departments finalise their 2025-26 financial statements and 2026-27 opening balances are confirmed.
The government says that will ensure the information released is accurate, reliable and consistent.
The framework will be supported by a new Treasurer’s Instruction under the state’s financial management framework.
Shadow Treasurer Dean Winter said the reports would not show how deeply services would be affected by savings measures.
“It’s no secret that Premier Rockliff has put Eric Abetz in charge of cutting jobs and services to pay for 13 years of waste, but Tasmanians still don’t know how heavily the services they rely on will be impacted,” he said.
Winter said Labor would use the data in its “uncover the cuts” campaign.
“The campaign is about ensuring the Tasmanian Liberals, who have wrecked Tasmania’s budget and are now cutting $700 million from health, are held to account,” he said.
