abc.net.au/news/labor-coalition-billion-dollar-surpluses-in-election-costings/101693104Both the Labor and Liberal parties are promising to deliver budget surpluses exceeding $1 billion by 2025-2026 if they win government, according to pre-election costings.Labor says it will have a $1b surplus by 2025-2026, while the Coalition says its figure will be $11.
Economists have criticised both sides of politics for failing to engage in any budget repair or attempt to create a sustainable budget, describing the costings as reliant on "optimistic assumptions and accounting tricks". "We put aside a contingency for future expected costs and we draw down on that contingency, which happens regularly and is part of the normal process of day to day government," he said.The government has
He said under the Coalition plan, the surplus by 2025-2026 would be $11.3 billion, with a smaller surplus achieved the year before.
surpluses are not required. look at wa massive surplus yet nurses still not looked after, citizens facing power cuts due to heat waves
Largest state debt in Australia. Victoria can’t afford another 4 years of DictatorDan - It’s time for a change. Labor/Greens/Teals/Animal Justice/Reason Parties last in the order you choose. DanMustGo PutLaborLast AndrewsMustGo SackDanAndrews CookVsCrook VicVotes2022
Please delete this non factual Tweet if the LNP cannot give precise details of spending how can you accept what they say as fact. ThisIsNotJournalism
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