Brisbane Times ·general ·3 hours ago

Victoria forecasts $1 billion surplus despite pattern of optimistic deficit predictions

Victoria's Treasury forecast a $1 billion surplus for the upcoming year, but history suggests skepticism is warranted. Final audited figures show Treasury provided overly optimistic deficit forecasts in four of the past five years, with the 2024-25 deficit running $435 million worse than predicted.

Summary by Glance · Brisbane Times

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