"So, while Tasmania's economy is doing well … [Deloitte] in particular don't expect the recent good performance to be sustained," Mr Eslake said.
Maria Yanotti says the report is based on assumptions, including COVID-19 remaining suppressed and a vaccine rolling out successfully. She said that would in turn impact whether significant investments by both governments and private companies go ahead as planned — for example, City Deals, and the transformation of the university — because they rely on growth.
"If we don't see this number of people coming, then many of those projects and investments may fall back, or at least take longer."
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