@madamswer
You have it so wrong!
The $10b annual interest bill is in 2027/28 when net debt hits $189b
The net debt this financial year is only projected at $122b.
Tim Pallas does not have enough money today, so imagine how much damage the extra interest will cause in 4 years time. I can hear Jacinta Allan now...."there will be no elective surgery under a government I lead".....
The unsuspecting Victorian public has no idea of the brutal pain that is coming progressively over the next 4 years. Today's pain is just a walk in the park. No wonder the gutless Andrews did not want to serve a full term, just another broken promise.
And by 2027/28 a great deal of landlords would have sold their rental properties to first home buyers and therefore the much mooted new Covid Land Tax Levy will never be collected, another financial black hole created by Pallas.
Victoria is absolutely cooked and in 4 years time we will have run out of natural gas too. Nothing going for Victoria anymore. If only Collingwood would relocate to the Sunshine Coast, I would move in a heartbeat.
Cheers.........Daicosisgod
- Forums
- Political Debate
- Andrews Black Legacy: Hospitals May Close
@madamswer You have it so wrong! The $10b annual interest bill...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online