‘No secret’ why Victoria’s debt now soaring towards $200 billion

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Sky News host Peta Credlin says it’s “no secret” why Victoria’s debt is now soaring towards $200 billion.

Sky News host Peta Credlin says it’s “no secret” why Victoria’s debt is now soaring towards $200 billion. “This is a government that can’t help bloating the public service and is incapable of delivering infrastructure on time and on budget,” she said.

 

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Victoria’s net debt could top more than $200 billion over forward estimatesVictoria has the highest net debt in the nation and is set to hand down a budget that economists fear will be tough. If trends continue, Victoria’s debt burden could top more than $200 billion over the forward estimates, prompting calls for austerity but also tax reform.
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