Brisbane Times
·general
·1 hour ago
Stubborn government refuses to pay down some of what it owes
Victoria's government faces $50 billion in cumulative interest payments over five years as debt servicing costs surge, with this year's bill at $7.85 billion rising to $11.8 billion by 2029-30. The Treasurer rejected paying down debt despite discovering an additional $5.3 billion in revenue, instead spending all extra funds on services ahead of November elections.
Summary by Glance · Brisbane Times
Newer
Next
Loving doing this? 🎉
Take it further — get the full app and never miss a moment of what's happening in Australia.
Breaking news alerts
Instant lock-screen notifications the moment big stories break across Australia.
Australian news & events
Politics, sport, weather, local events — all in one swipeable feed, updated around the clock.
Stay ahead of the news cycle
30-second summaries so you're always informed, even on your busiest days.
Loading article…
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
✨
Ask AI