TasInsure, a key election promise by the Liberal party, was notably absent from the Tasmanian state budget, raising questions about its future. Despite claims of potential savings for households and businesses, no advice was sought from the Department of Treasury and Finance before the party announced its plan. The government has shifted its stance, now promising only a scoping study into the feasibility of TasInsure. The Premier has refused to release any modeling or calculations supporting his savings claims, stating it would put the new company at a financial disadvantage. Documents obtained through right-to-information laws show that Treasury was unable to cost the promise due to insufficient information, concluding that establishing such a new government-owned business would likely incur additional costs. The government says money for the scoping study has been set aside within Treasurys operating budget.

The Daily News Now! - Every city. Every story. Powered by AI.

---

Hosted on Acast. See acast.com/privacy for more information.