Brisbane Times
·general
·1 hour ago
Victoria promises $2.35 billion in spending despite ballooning $200 billion debt burden
Victoria's government unveiled spending pledges including $750 million for car registration refunds and $1.6 billion for health services ahead of elections. However, state net debt will reach nearly $200 billion by decade's end, with interest payments ballooning to $11.8 billion by 2029-30. Treasurer Jaclyn Symes spent recent revenue windfalls entirely rather than reducing.
Summary by Glance · Brisbane Times
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