The Victorian government has announced new cost-of-living support measures for families with school children.
These graphs break down expected sources of tax revenue,whether the budget will be in deficit over the coming years and the scale of Victoria’s debt.
A shared equity scheme that has helped thousands of Victorians buy a home will end next year,replaced by a pledged national scheme that hasn’t passed parliament.
Support for parents of school children and housing affordability will be priorities in a state budget that will show Victoria’s net debt hitting a new peak.
An Albanese government commitment to return funding for nationally significant roads to 50:50 splits between both levels of government has thrown doubt over timelines for Victorian projects not yet underway.
Floods and infrastructure costs forced four water retailers in regional Victoria to ask the state government to increase their borrowing limits.
It is difficult to decide which is more worrying – Victoria’s precarious economic position or the government desperately trying to spin a tale of success.
Labor committed $850 million to upgrade at least 89 schools in 2022,but more than half failed to secure funding to put shovels in the ground in last year’s state budget.
The government agency responsible for stepping in when there are medicine shortages in Victoria will announce redundancies on Thursday.
The Department of Treasury and Finance asked Treasurer Tim Pallas for extra money to cover the interest payments on the state’s debt portfolio,weeks before last year’s budget.
Libertarian MP David Limbrick says a special economic zone would turbocharge Docklands. It would mean scrapping payroll and land taxes.