So Lappy, as per the graph you supplied above the Net Debt to Gross State Prouct in the Ballieu/Napthine government was about 5%. Project forward 12 years and the debt is projected to be 25% of Gross State Product. That is an increase of 400% in just 12 years. That is exactly how you send a sovereign state broke and get put under the yoke of the Ratings Agencies.
Debt at 25% of Gross State Product in 2026 will cost Victorians $9.6b in yearly interest alone, without making any repayment of principal.
As I posted above Tim Pallas has done an appalling job as treasurer. He is no more than a ATM button pusher dispensing cash at will.
It should be said that Daniel Andrews has crippled Victoria.
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