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State Budget, page-4

  1. 2,702 Posts.
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    Government is fckd down in VIC. Their forecasts are all wrong and out of the window. Some eye watering numbers.

    If you live in Victoria you're about to see a state government completely fail. Given the shortfalls in forecasting most states would be looking to tighten their belts. But down in VIC it's spend spend spend. However, the state government will soon have to cancel projects because they have no cash in the bank.

    Lets remember VIC voted for a whole load of pie in the sky projects. Idealism versus reality. Worse yet is infrastructure projects never run to time and always go over budget. Look at the tram system in Sydney as an example.

    Yet idealism here is the premiere having all that natural gas and those revenues and saying nope. Would rather borrow to the hilt.

    reality versus , you use the revenue from the gas and oil to build the infrastructure for the future and the borrowing is significantly reduced. Common sense. Happy they don't manage my money !!! Sad day for Victorians
 
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