Treasury’s pre-election budget update shows Victoria’s cash deficit will blow out to $33 billion, putting heat on the next government to rein in spending.
Victoria’s widening cash deficit is forecast to reach $33 billion over the next four years, complicating the task of budget repair while increasing pressure on the next government to bring the state’s finances under control.
A pre-election budget update released by Treasury on Thursday shows the state’s cash deficit has blown out by an additional $3 billion over the forward estimates period, compared with the May forecasts.
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Advocates say the proposal would create a new type of prison and further institutionalise children.
Liberal leader Jess Wilson was spotted pouring beers in Wodonga last night, while the Carroll government has promised to freeze a tax on farmers if re-elected.
Federal and state government interventions have turned Victoria’s rental problem into a crisis, now leading organisations are calling for politicians to fill the gap as landlords.
An hour on the V/Line train direct from Melbourne, Kyneton is the country town that city dwellers conjure when they dream of tree-changing.
