Labor has confirmed it will kill Marinus Link to invent a new bureacracy company to replace Hydro's trusted position.

The hare-brained scheme has been dreamed up by the mainland Labor hacks who still run state Labor as a carbon copy of Daniel Andrews election gimmick.

It’s incredible state Labor fell for it so easily.

Rebecca White says “Labor will use the money that the government currently has earmarked for Marinus ... to create a new entity called the Tasmanian Power Company.

Let's be clear, Labor can't do that. They are spending imaginary money on their wasteful new company. Their cheques will bounce.

The last thing Tasmanians need is a new power company run by Labor and the Greens.

We already have a perfectly good power company: its called Hydro.

It’s solid and it's delivered. It's worked for a hundred years. Labor now plans to gut it and set up a costly new government business we don’t need and can’t afford.

Labor will pull the plug on Marinus and strip Hydro of $500 million in assets and hundreds of jobs to set up their unnecessary new billion-dollar folly.

Only a re-elected majority Liberal Government will save Hydro.