Voters let down as parties dodge debt question

by the middle of 2026, or 24.8 per cent of the state economy. The Coalition has made new announcements worth at least twice as much as Labor’s, though they are partially offset by its promised $8 billion saving from scrapping the first stage of the Suburban Rail Loop. The Greens have also pledged spending without any sign of restraint.

What is also not openly discussed is the ongoing costs that will be incurred from promises made. This is particularly true in health, where both parties are battling it out over hospital upgrades and new facilities.estimates that every dollar spent building a hospital requires an additional 50¢ a year to run it.

Treasurer Tim Pallas argues that by investing in areas such as health, skills and infrastructure, the government is adding to the productive capacity of the economy. This generates jobs and business activity, which in turn adds to revenue. The Coalition also insists that growth in the economy, along with cuts to major projects, particularly the Suburban Rail Loop, will be enough to ensure the state’s coffers do not suffer.

But neither of these is a path that will repair the state’s balance sheet, and neither side even wants to have the discussion. Are we to assume that the tax base is perfectly designed? That the state owns, without exception, the correct assets? That the public service is immaculately composed?

Source: Loan Digest (loandigest.net)

ANYONE BUT ANDREWS, GREENS AND TEALS Give all 3 the 🥾🥾🥾

rebaillieu Oh, you guys have been ruined ed by Costello

The AGE will need to worry about it s own balance sheet when it is held to account by it s subscribers in due course.

You lack the basic understanding of different types of debt. Debt that generates future income is less concerning than debt incurred by one off cash handouts or by systemic non income growth generated debt

They spend it then we pay it back seems so wonderful to have one of these fools in charge

Taxer McTaxFace ?

It's corrupt anyway 👍 Victorian elections are rigged 😃

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