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Victoria's Budget: Playing It Safe for Fourth Term
Description
Victorias budget focuses on cost-of-living relief, major infrastructure, and frontline services, with a prudent approach ahead of the November election. Cheaper public transport, cashback on car registrations, and expanded optometry checks for school kids are among the key measures. A five-billion-dollar war chest is set aside for last-minute moves, including a teacher pay deal. Interest payments are rising, but federal cash from Canberra is easing the pain. Net debt is projected to reach two hundred billion dollars by 2030, mostly funding big builds like the West Gate Tunnel.
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