Supply Act (No. 1) 2025

Supply Act (No. 1) 2025 — Tasmania

What is this? This is a Tasmanian Supply Act — a temporary financial law that allows the state government to keep spending public money while the full annual budget hasn't yet been passed by Parliament.

Why does it exist? Each year, the Tasmanian government must pass a formal Budget (called an Appropriation Act) to authorise all its spending. If that process takes longer than expected — or if Parliament hasn't yet sat to approve the Budget — the government could technically run out of legal authority to pay its bills, public servants, and service providers. A Supply Act bridges that gap by granting interim (temporary) spending authority.

Who does it affect?

• Tasmanian taxpayers and residents — indirectly, as it keeps government services (hospitals, schools, police, etc.) running without interruption.
• Public servants and contractors — ensures wages and payments can legally continue.
• Government agencies — they can keep operating and drawing funds from the state's Consolidated Fund (the main government bank account).

Key points:

• It is numbered "No. 1" suggesting a second Supply Act may follow if needed before the main Budget is passed.
• It came into effect , which is the start of the Tasmanian financial year — a classic timing for a Supply Act.