It is disappointing in some of the commentary that this years budget is the right budget for the right time, that the same people are not asking why the Govt refuses to publish its State Capital Programme.
This is the budget paper that tells us what projects your money is being spent on. When they are to be finished, and if they are on budget.
Nearly all major projects in Melbourne are well over budget, and getting worse. It is impossible to tell Victorians how much of the soon to be $150B debt ( was $23B in 2014) is actually related to Covid and how much is related to poor management .
Remember, like In your household if you spend all your money poorly today, you have non left for tomorrow. Victoria is now seriously on a road to leaving huge inter generational debt, that will seriously hinder future generations.
Even with low interest rates, Victorians will be paying $4Billion dollars a year just in interest! (That’s a lot of speeding fines, Stamp Duty and Payroll Tax)