Victorian Public Service Super Pay Delay Blows Out State’s Net Debt by $882 Million

Victorian Deputy Premier Jacinta Allan addresses the media during a press conference in Melbourne, Australia, Dec. 29, 2020. AAP Image/James Ross

Delaying $3 billion (Us$1.99 billion) in superannuation payments to Victorian public service workers will push up net debt by $882 million by 2035, the Parliamentary Budget Office says.