Actually the pain hasn't started yet. The Vic Labor governemnt is at peak revenue but not peak interest. Peak interst is in about 4 years time.
Did you know the assumption in the Vic Budget is for economic growth of 5% ? They forgot to ask Jim Chalmers and the RBA about that assumption. And the Vic budget was only delivered in the week before the Fed budget.
The whole Vic Labor budget is a fraud. The joint is broke and the smart mobile ones have already left.
Even Mrs. D mused the other night about returning to the country region where she grew up. First time ever she said that.
The joint is cooked and will need a Royal Commission into it's finances before the fix can be put in.
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