Urgent.News

One page, thousands of outlets. See who else covered it.

Editions

Finance & Markets

Victoria: too many bureaucrats, too few front line staff

Victoria’s state budget is drowning in debt, has the lowest credit rating in the nation, and risks further downgrades. Moody’s recently warned that by the end of the decade, $1 out of every $10 in state revenue will be spent servicing Victoria’s debt. The blowout of Victoria’s debt is despite residents paying the highest taxes The post Victoria: too many bureaucrats, too few front line staff…

We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.

Read the original at macrobusiness.com.au →

More in Finance & Markets

More from Monday 17 August →