Victoria. Net Debt expressed as a % of Gross State Product. Vic Net Debt has risen from a modest 5.5% in mid 2019 to 15.3% in mid 2021, if treasury predictions are correct, net Debt will hit 27.9% of GSP by 2025 eclipsing the previous peak of16.1% during the recession of 1990.(Cain/Kirner disaster) Net Debt in 2014 of approximately $20 Billion Net Debt in 2022 projected to be $160 Billion. % of State revenue to pay Public Servants. 2010 35.8 % 2021 40.1% Tax haul as a % of the State Economy. 2014 4.4%. 2022 5.4% near 20% increase.
And this mob want the chance to run the National economy.
