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Rockliff’s Hydro fire sale puts schools and hospitals funding at risk

14 May 2025

Premier Rockliff has broken the biggest promise he made during this year’s State of the State address and is now preparing to sell off key parts of Hydro Tasmania.

First it was Momentum Energy – a Hydro-owned retailer that has delivered nearly $200 million worth of profits for Hydro over the last decade, which helps contribute to the dividends that help pay for our schools and hospitals.

Now, it’s Entura – Hydro's dam designers and engineering department.

Hydro leverages 100 years of renewable energy and engineering experience to design new projects, maintain our dams and bring in money from outside Tasmania.

Privatising Hydro's engineering department and losing all that expertise will have immediate impacts on Hydro’s bottom line, and rip millions of dollars out of Tasmanian schools and hospitals.

Today, I’m calling on Premier Rockliff and Treasurer Barnett to come clean on just how much their plan to privatise Hydro's engineering department will cost the budget.

Josh Willie MP
Shadow Treasurer

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Authorised by J. Moore, Australian Labor Party (Tasmanian Branch), Hobart 7000