During the last election, Jeremy Rockliff secretly bailed out a Finnish shipbuilder to the tune of $80 million. 

Alarming new revelations in the Australian today show TT-Line is on the brink of breaching its debt limit and could require a taxpayer-funded bailout to the tune of hundreds of millions of dollars - with multiple sources telling the national newspaper that "a bailout of TT-Line was now a looming and very real proposition."

TT-Line will breach its debt ceiling of $990 million by October.

We wrote to Jeremy Rockliff last night seeking urgent clarification on the scale of the looming crisis and the potential budget impact, following alarming revelations in the Pre-Election Financial Outlook Report.

Just last week, we found out that the Liberals concealed an extra $3 billion of net debt from the budget. Tasmanians deserve to know the full impact of the Spirits fiasco on the state’s finances before they head to the polls on July 19.

This is a financial emergency of Jeremy Rockliff’s own making – and he must approve Treasury’s briefing today so that we can be fully briefed first thing Monday morning.

Jeremy Rockliff is sinking a 40-year-old iconic Tasmanian government business. If he can’t be trusted to manage TT-Line, how on earth can he be trusted to run a brand-new state-owned insurance company?