Tasmania Mercury | Deficit, debt ahead of Tas election NEWS.com.au TASMANIAN Premier Lara Giddings will take a massive deficit and net debt to the next state election after delivering what could be her last budget. Ms Giddings, who is also state treasurer, has revealed a deficit which blew out to $426 million in 2012/13, $143 ... Tasmania in record debt; Lara Giddings explains the budget Funding independent of Gonski Tasmania budget hits record $425m deficit, Lara Giddings reveals |