The economist projected Tasmania was on track to be in the worst financial position in the country over the next three years, and in a decade's time would be paying $710 million a year — just shy of the estimated cost of the extremely contentious Hobart AFL stadium — just in interest.
And he found the state's journey towards the top of the fiscal cliff was caused entirely by government decisions.
It caused a fair bit of alarm, especially among the three Jacqui Lambie Network MPs who pushed for the report as part of the party's deal with the government.
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