At the 2010 election the Liberals won the most votes, but a hung parliament resulted in Labor continuing in office with Greens support.

At the 2014 election, Hodgman led the Liberals to a landslide victory, forming a majority government for the first time in over 20 years.

[citation needed] He is married to Nicola, and the couple have two sons, William and James, and a daughter, Lily.

He was an associate of the Hobart law firm Wallace Wilkinson & Webster, before practising as a solicitor for the Wiltshire County Council in the UK for 15 months.

He then returned to Wallace Wilkinson & Webster in 1998, and practised in criminal law and personal injuries until his election to Parliament.

[5] Hodgman contested the 2010 Tasmanian state election and the result was a hung parliament, with the Liberals and Labor on 10 seats each.

Before the election, the incumbent Premier David Bartlett stated that the party who won the most votes should form government.

The Liberals picked up an additional seat in every electorate except Denison, assuring that Hodgman would have a secure majority.

However it was thought unlikely at the time that the Liberals would keep their majority due to the strong polling of the Greens and the Jacqui Lambie Network.

[16] The day before the election it was revealed that the Liberals had privately indicated to farming stakeholders they might relax the state's gun laws.

[18][19] In his resignation speech, he cited the toll on his family; his 17 years in the legislature had been concurrent with the "entire lives" of his three children.

[20] On 20 January, Treasurer Peter Gutwein was elected unopposed as Liberal leader, and was sworn in as premier later that day.

[25][26] His term concluded on 13 February 2023 consistent with the Albanese Government’s decision to re-examine supposed political appointments to high commissions and ambassadorships.