The Extremely Greedy 40% Extra Party was a single-issue political party which contested the election. It was formed to oppose what was seen as an excessive pay rise the Tasmanian Parliament had awarded to itself. In October 1993, Tasmanian parliamentarians voted to link their pay to 90% of an equivalent federal parliamentarian. This resulted in an immediate 40% pay rise. The legislation took about an hour or so to pass through both houses of Parliament. In the Lower House, the 19 Liberal and 11 Labor members voted for the legislation and the 5 Greens voted against. The Upper House suspended Standing Orders to speed the passage of the bill. The Extremely Greedy Party was formed in 1993 with an intention to stand candidates at the 1996 election in all electorates. As the increase was made in the early part of Groom's term, the strategy of the party was simply to ensure the electorate were reminded of the earlier pay rise incident through the party name being on the ballot papers. Bumper stickers were placed on cars around the state reading "40% never forget" although politicians' wages had been on freeze for some time and the rise was in keeping with inflation. Six months after the election, the Tasmanian Parliament passed a bill to refer the matter of setting Tasmanian Parliamentary salaries to the Tasmanian Industrial Commission. The decision of the commission was to reduce the state MP salary to 83% of a federal parliamentarian based on the ratio of average Tasmanian wages to average Australian mainland wages.
Results
The election ended with a swing against the Liberals. A fall of over 10% caused them to lose their parliamentary majority. The Liberals lost three sitting members; Carole Cains, John Barker and Brian Davison. The Liberals polled strongly in Braddon and Bass but poorly in Franklin. Labor polled well in the Hobart area. The Tasmanian Greens suffered a statewide swing of over two percent against them and lost one of their seats but gained the balance of power because Di Hollister narrowly held onto her seat in Braddon, while the party received a high vote in Denison. The Extremely Greedy 40% Extra Party polled 0.8% of the vote, well behind winning a seat, but its appearance on the ballot paper succeeded in reminding voters of the previous wage increases. Independent Bruce Goodluck narrowly won a seat at the expense of the Liberals' Paul Harriss. The Australian Democrats ran four candidates in Franklin but were unsuccessful at winning a seat.
Distribution of Seats
Aftermath
Labor had the numbers to enter minority government with the Greens, but Field refused to go back on his word to only govern in majority. This left a Liberal minority government as the only realistic option. Groom was not willing to break his own promise to only govern in majority, and was replaced as Liberal leader and premier by Tony Rundle, who reached an informal agreement with the Greens. This election was the last time that Tasmanians voted 35 members into parliament because it was reduced to 25 members in 1998.
