Brisbane Times ·general ·2 hours ago

Labor unveils election-year hip-pocket splurge despite debt soaring to $199 billion

Victoria's Treasurer Jaclyn Symes delivered an election-year budget Tuesday targeting cost of living through $759 million in car registration discounts and $433 million in free public transport measures. Net debt surges to $199.3 billion while interest repayments balloon to $11.8 billion by decade's end. The government is prioritizing voter relief over infrastructure spending ahead of November's state election.

Summary by Glance · Brisbane Times

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