The next Victorian government must downsize the bureaucracy
The Victorian budget is drowning in debt. Net debt is forecast to hit $200 billion by the end of the decade: Credit ratings agency Moody’s recently forecast that the state would spend $1 of every $10 of revenue earned on interest payments by the end of the decade: Wages are the Victorian budget’s largest expense. The post The next Victorian government must downsize the bureaucracy appeared first…
We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.