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Record Victorian State Government Debt

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stui magpie Gemini

Prepare for the worst, hope for the best.


Joined: 03 May 2005
Location: In flagrante delicto

PostPosted: Wed May 24, 2023 7:34 pm
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Nothing stupid about renewable energy, just the frantic pace that those who've drank the Koolaide want us to progress it.

These Extinction rebellion (or whatever) dipshit protesters should be used as speedhumps and Police should look away.

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eddiesmith Taurus

Lets get ready to Rumble


Joined: 23 Nov 2004
Location: Lexus Centre

PostPosted: Wed May 24, 2023 7:51 pm
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lazzadesilva wrote:
Jezza wrote:
What'sinaname wrote:
Land tax = increased rent
Tax business = increased prices
Payroll tax = more unemployment and increased prices.

This state is cooked and in for a world of pain.

Victorians will be learning the hard way what real pain is when they elect incompetent people to manage the economy.


Some of us clearly remember the world of pain when we elected Kennet. I remember clearly the immense trauma (and far worse) he caused when he fired people like getting rid of flies. We have long memories and nothing will ever match that pain again whatever uncle Dan does 🙄 Funny enough that excuse (that the State was cooked) was the exact one Kennet used to inflict his pain. Talking about incompetence, Kennet was the absolute best example of an incompetent Premier. Learning a bit of factual State history might save you from having double standards and hypocrisy with your comments.


Yet for the younger generation, Dan is easily the most incompetent premier in our adult lives, it’s not even close.

But that’s alright, people will continue to do it tough, rents are now going to skyrocket, wages drop and our emergency services set to be gutted.

But in 50 years time, Dans dream rail project might finally open having cost the state a few hundred billion dollars…
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stui magpie Gemini

Prepare for the worst, hope for the best.


Joined: 03 May 2005
Location: In flagrante delicto

PostPosted: Thu May 25, 2023 2:53 pm
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Quote:
Victoria has the worst debt burden of 17 similar states across the world, and credit agencies warn it is likely to deteriorate unless tough decisions are made to cut infrastructure spending and raise more taxes.


https://www.theage.com.au/politics/victoria/there-are-17-states-like-victoria-around-the-world-none-has-more-debt-20230524-p5daus.html

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watt price tully Scorpio



Joined: 15 May 2007


PostPosted: Sun May 28, 2023 8:39 am
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stui magpie wrote:
Quote:
Victoria has the worst debt burden of 17 similar states across the world, and credit agencies warn it is likely to deteriorate unless tough decisions are made to cut infrastructure spending and raise more taxes.


https://www.theage.com.au/politics/victoria/there-are-17-states-like-victoria-around-the-world-none-has-more-debt-20230524-p5daus.html


Interesting but ultimately a meaningless measure: not sure what it means as there are multiple states in Germany and Provinces in Canada: better than some but worse than others I assume.

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