The Andrews Labor Government’s budget of rising debt, higher taxes and fewer jobs will make life even harder for every single Victorian.
Under Labor, Victoria is broke with state debt projected to climb to $171.4 billion by 2026-27 and interest payments to more than double to $22 million a day.
Under Labor, life is getting harder for Victorian families with higher rents, increases in land tax, hikes in school fees and 32 major infrastructure projects shelved including the Melbourne Airport Rail Link, Geelong Fast Rail and North East Link.
Under Labor, Victorian businesses will pay for Labor’s incompetence with higher payroll tax and a 42 per cent increase in WorkCover premiums, placing jobs at risk across the state.
Leader of the Opposition, John Pesutto, said under Labor, Victoria is broke, life is getting harder and Victorians are being punished for the Andrews Government’s incompetence
“It fails to offer any relief for Victorians when they need it the most and will put Victoria further behind the rest of Australia as a place to work, invest and raise a family.”
Shadow Treasurer, Brad Rowswell, said this budget will inflict more pain on Victorians already experiencing unprecedented cost of living pressures.
“It’s the wrong budget at the wrong time. Labor wants to blame COVID, the Reserve Bank and the Federal Government for this brutal budget but only it can take responsibility for this debt driven disaster.”
