Victorian Opposition Says State Budget Will Return to Surplus by 2026 If Elected

Victorian Opposition Says State Budget Will Return to Surplus by 2026 If Elected
Victorian Opposition Leader Michael O'Brien addresses the media during a press conference at Parliament House in Melbourne, August 24, 2020. Senior federal government MPs have been linked to branch-stacking allegations within the Victorian Liberal party. (AAP Image/James Ross) NO ARCHIVING
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The Victorian opposition has pledged to bring the state budget back to surplus within five years if the Liberal and National coalition wins next year’s election.

This announcement by shadow treasurer Louise Staley comes after the Andrews government announced a plan in November 2020 to overturn the COVID-19 induced economic downturn with an unprecedented $23.3 billion budget deficit by the next financial year.

Henry Jom
Henry Jom
Author
Henry Jom is a reporter for The Epoch Times, Australia, covering a range of topics, including medicolegal, health, political, and business-related issues. He has a background in the rehabilitation sciences and is currently completing a postgraduate degree in law. Henry can be contacted at [email protected]
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