Tasmania's Credit Rating

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Reports and Papers

Financial Management Reform

Financial Management Reform Section

Financial Management Training

Guidelines, Instructions and Legislation

Guidelines, Instructions and Legislation
General Government Superannuation Liability - Treasury Occasional Paper No. 1
2013-14 Tasmanian Budget Community Consultation Submission Guidelines
Budget Guidelines
Financial Management Guidelines
Financial Management Legislation
Accrual Budget Implementation Papers
Goods and Services Tax (Division 81)
Unclaimed Moneys Guidelines
Guidelines for Costing Election Policies
Structured Infrastructure Investment Review Process (SIIRP)

The State of Tasmania is rated by two international rating agencies – Standard & Poor’s (S&P) and Moody’s Investors Service (Moody’s). Both ratings agencies conduct an annual review of the State’s:

economic structure and prospects;
financial performance and outlook;
balance sheet position;
liquidity and debt management; and
the Government’s fiscal strategy.

The credit rating influences the interest rate Tasmania must pay on State debt and, therefore, also impacts the State Budget. Credit ratings can also be used by the broader business and investment community as a general indicator of the level of confidence in a State economy.

Moody’s Investors Service
On 3 October 2012, Moody’s issued Tasmania with a Aa1 credit rating, the second highest rating under Moody’s rating system.

Standard & Poor’s
On 30 September 2012, Standard and Poor's issued Tasmania with a AA+ credit rating, the second highest rating under S&P’s rating system.