IT'S NOT exactly the welcome home the Premier would have been hoping for.
With her two-week trade mission wrapping up this weekend Ms Giddings is no doubt full of inspiration and positivity from the opportunities for Tasmania she has seen first-hand in the booming Asian Century.
But things aren't so rosy back home.
Since she's been gone the jobless rate has risen yet again to 8.6 per cent trend, up for the eighth month in a row.
It followed a crushing defeat for Labor at the federal level, which has increased internal tensions and worries that the state party is heading for the same result in March.
Nevertheless, the state election is not necessarily a foregone conclusion.
There are various theories as to how the seemingly down-and-out state Labor-Greens minority might be able to avoid electoral wipeout next year.
One theory around is that a change at the federal level might satisfy angry voters. Call it the "get it out of their system" concept. Going one step further Deputy Premier Bryan Green put this forward on Sunday: "The only positive associated with this is that people will get a dose of Tony Abbott and we'll see how we go from there".
If Tony Abbott maintains the same level of discipline as he did during the campaign, that's unlikely to have the effect he's after. He is well aware of the need not to create any serious headaches for his state partners.
Labor and the Greens can't simply rely on the federal coalition to stuff up.
They need to take things into their own hands. And better communication is not going to cut it.
Both the Deputy Premier and Nick McKim suggested that was the way to win back their disaffected supporters in the wake of the huge swing towards the conservatives recorded on the weekend.
If that's all they've got they may as well start packing up their offices as soon as the last sitting of parliament concludes this year.
It doesn't matter how many times we hear that reality does not match the perception of unstable minority government, which has put the closed for business sign up.
That message is clearly not getting through.
They need to seriously shake things up somehow to make people start listening again.
I don't mean a leadership shake- up. Ms Giddings has proved able to crush potential leadership challenges before and the state parliamentary Labor Party, unlike its federal colleagues, has successfully put that behind it or at least kept a lid on it.
A leadership challenge now would only invite the same criticisms about disunity and dysfunction that cost federal Labor dearly.
Short of that, it's been suggested an admission that "we got it wrong" could provide the circuit breaker needed. Former Queensland Premier Peter Beattie was famous for the political mea culpa and it helped him to survive mishaps and scandals for nine years.
There's plenty of things to choose from on the possible apology list; cutting the budget too hard, not acting fast enough to roll out its jobs package, not putting enough into it to get a better effect or even forming an alliance with the Greens in the first place. Any one would do.
Also in the government's back pocket is a big pile of cash likely to come in about November from the sale of Aurora's customer list.
Providing that goes smoothly it could end up with a handy $200 million, plus fatter than expected dividends from their energy customers, to splash about.
So combine a mea culpa with a bigger, better and bolder jobs package and they might start to get some traction.
With the level of anti-Labor Greens sentiment in the community now though, whatever strategy they adopt in the lead-up to the election, it's a long shot.