A series of planned surpluses.
Surplus:
25 $600m
26 $1.9b
27 $2.4b
28 $1.5b
Debt to GSP 25%, and 8% to 9% of the state’s total expenditure is for interest payments.
Cheap debt!
Low, manageable, and productive.
Victoria leads the way in infrastructure investment, 20% of expenditure vs other states 16% 200 major infrastructure projects, including: SRL Metro Tunnel North East Link Level Crossings Productive debt, building the state’s future.
Plus Victoria has received $31b less than it should have received in GST payments.
https://abc.net.au/news/2025-05-20/victoria-budget-charts-debt-surplus-government/105314180
The nuffwing righties in the replies are embarrassing themselves by not knowing the difference between
The government budget, income, cash flow and expenditure for the year
vs net and gross debt.
They also fail to understand how the government works, all governments manage debt, and all governments tax.
It’s the way of the world champions!
Australia recorded 14 straight quarters of quarterly growth and 17 quarters of annual growth — the only OECD economy with that status. The weak March quarter outcomes in comparable nations underscore the challenges, with trade destabilised by Donald Trump’s destructive stupidity.