Blogotariat

Oz Blog News Commentary

Victoria’s financial meltdown will cost every Australian

October 25, 2024 - 10:00 -- Admin

Earlier this year, former federal Treasury official Stephen Anthony warned that Victoria may ultimately require a federal “bailout” amid soaring state debt, which hit $27,729 per person in 2023-24. “Victoria is on a suicide mission to record borrowing, just as global interest rates are about to hit 5%”, Anthony warned. “Potholes can’t get filled, emergency

The post Victoria’s financial meltdown will cost every Australian appeared first on MacroBusiness.