The opposition says the Liberals' raiding of government businesses will be the focus of Government Business Enterprises scrutiny hearings this week.
The hearings will begin on Tuesday with the scrutiny of the Port Arthur Historic Management Authority, Tasmanian Public Finance Corporation, Aurora Energy and Tasracing.
Labor finance spokesman David O'Byrne said the government took more than 98 per cent of state-owned business' profits this financial year in a desperate move designed to hide the broken budget.
"Government businesses recorded profits of $443 million in 2018-19. The government took $435 million of that [in] tax equivalents, dividends or guarantee fees," Mr O'Byrne said.
"It's clearly unsustainable and yet the budget papers show Will Hodgman plans to take an additional $100 million of dividends this year."
Mr O'Byrne said the sale of the Elizabeth Street Pier in Hobart was another short-term cash grab.
Treasurer Peter Gutwein said it was in the best interest of the state to divest the property which is expected to fetch $30 million when sold.
"The waterfront site is simply not core business for the Tasmanian government, and we believe it can be better utilised by others, while we invest in new projects which better serve the Tasmanian community," Mr Gutwein said.