Victoria’s ceilingless debt

In Question Time in Parliament today, Labor’s Lexus loving Treasurer, Tim Pallas refused to rule out further increasing Victoria’s already skyrocketing debt.

Victoria’s net debt will hit $54.9 billion by 2022-23 up from $20 billion in 2017-18. Despite this record projected debt level, Tim Pallas refused to rule out this massive debt blowing out further.

Tim Pallas and Labor just can’t manage money, and despite introducing over 20 new or increased taxes, they are forcing Victoria deeper and deeper into debt.

Louise Staley MP

Shadow Treasurer

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