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A decade of budget negligence

May 22, 2025 - 11:30 -- Admin

The financial destruction of the State of Victoria over the past decade is astonishing. In the Labor government’s first state budget in 2015, Victoria’s net debt was only $22.3 billion. It has since climbed to $155.5 billion and is projected over the budget forward estimates to hit $194 billion by 2028-29. Victorian net debt per

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