View previous topic :: View next topic |
Author |
Message |
What'sinaname
Joined: 29 May 2010 Location: Living rent free
|
Post subject: Record Victorian State Government Debt | |
|
Can the Labor Government get on top of the record debt levels without imposing a new / more tax on Australia's highest taxed State? _________________ Fighting against the objectification of woman. |
|
|
|
|
David
to wish impossible things
Joined: 27 Jul 2003 Location: the edge of the deep green sea
|
Post subject: | |
|
This is mostly fallout from COVID, right? _________________ "Every time we witness an injustice and do not act, we train our character to be passive in its presence." – Julian Assange |
|
|
|
|
What'sinaname
Joined: 29 May 2010 Location: Living rent free
|
Post subject: | |
|
^ if you ask Dan, it is everyone and everything else's fault. _________________ Fighting against the objectification of woman. |
|
|
|
|
David
to wish impossible things
Joined: 27 Jul 2003 Location: the edge of the deep green sea
|
Post subject: | |
|
Whether or not that's the case, it remains the case that COVID has been extremely costly for many jurisdictions. New South Wales' debt is about to blow out to over $100 billion last I checked, and they had a far less dire experience of COVID than we had. It's not an excuse for poor economic management (and I don't have a strong view either way on Andrews' performance on that front), but we have to at least factor these external contributors in.
https://www.abc.net.au/news/2022-06-21/nsw-budget-deficit-more-than-trebles/101169652 _________________ "Every time we witness an injustice and do not act, we train our character to be passive in its presence." – Julian Assange |
|
|
|
|
stui magpie
Prepare for the worst, hope for the best.
Joined: 03 May 2005 Location: In flagrante delicto
|
Post subject: | |
|
All of Dans Major Projects being billions over budget hasn't helped. _________________ Every dead body on Mt Everest was once a highly motivated person, so maybe just calm the **** down. |
|
|
|
|
swoop42
Whatcha gonna do when he comes for you?
Joined: 02 Aug 2008 Location: The 18
|
Post subject: | |
|
When has a project under any Australian Federal or State Government ever been on budget and on time?
LOL. _________________ He's mad. He's bad. He's MaynHARD! |
|
|
|
|
stui magpie
Prepare for the worst, hope for the best.
Joined: 03 May 2005 Location: In flagrante delicto
|
Post subject: | |
|
Reminds me of the Cain days, Government debt in Victoria is the highest of all states, Danny borrowed metric shitpiles of cash to advance his Big Build program (to keep the CFMEU onside) and now interest rate have gone up, he blames the reserve bank.
Victoria is going to be FUBAR economically for the foreseeable future. Labor under Dandrews is both corrupt and incompetent while the opposition Libs are more incompetent (if that's possible) and hopelessly riven by competing interests so there is no credible opposition party. SNAFU. _________________ Every dead body on Mt Everest was once a highly motivated person, so maybe just calm the **** down. |
|
|
|
|
think positive
Side By Side
Joined: 30 Jun 2005 Location: somewhere
|
Post subject: | |
|
wheres joan when you need her! _________________ You cant fix stupid, turns out you cant quarantine it either! |
|
|
|
|
watt price tully
Joined: 15 May 2007
|
Post subject: | |
|
Forget the hyperbole. There’s debt and there’s debt. It has very little similarity with the Cain Government days unless you read the American owned media.
We could’ve been eating no 3, 17 and 46 on the menu had the steel
and belt funding arrangement’s continued.
The debt has occurred due to a number of reasons including but not limited to:
1. COVID spending which was a necessary evil;
2. Capital spending on major projects;
3. A downturn in revenue due to the pandemic;
4. The Malevolent Morrison Federal Government deliberately not funding Victoria in major infrastructure instead disproportionately funding NSW then a Liberal State Government
5. The Malevolent Morrison Federal Government deliberately funding WA a Labour state hoping to win Federal WA seats ( he didn’t- Morrison lost big time in WA);
6. Unpredicted inflation;
7. Unforeseen interest rate changes; and,
8. North face jackets. _________________ “I even went as far as becoming a Southern Baptist until I realised they didn’t keep ‘em under long enough” Kinky Friedman |
|
|
|
|
stui magpie
Prepare for the worst, hope for the best.
Joined: 03 May 2005 Location: In flagrante delicto
|
Post subject: | |
|
9. Dandrews masks for the acolytes to buy for their partners to wear during intercourse. _________________ Every dead body on Mt Everest was once a highly motivated person, so maybe just calm the **** down. |
|
|
|
|
watt price tully
Joined: 15 May 2007
|
Post subject: Re: Record Victorian State Government Debt | |
|
What'sinaname wrote: | Can the Labor Government get on top of the record debt levels without imposing a new / more tax on Australia's highest taxed State? |
As usual whatsinaname merely parrots the Murdoch press. Let’s examine the premise:
Victoria is the highest taxing state:
https://www.abs.gov.au/statistics/economy/government/taxation-revenue-australia/latest-release
Victoria: $5638 per head for tax to both levels of government
NSW: $5537 per head for tax to both levels of government
A huge ginormous monstrous $101 / head more. Sheesh
What’s in a name must be getting Royalties from the crazy right wing nutter press to come up with this hyperbolic tripe.
Over the last 10 years NSW per head has paid more than Victoria just quietly.
The Murdoch press is still hoping that Matthew Guy is going to lead the liberals to Victory in the November 2022 State Election 😂😂. _________________ “I even went as far as becoming a Southern Baptist until I realised they didn’t keep ‘em under long enough” Kinky Friedman |
|
|
|
|
What'sinaname
Joined: 29 May 2010 Location: Living rent free
|
Post subject: | |
|
^ Cute analysis. Now do that same based on taxation on state product per capita.
Also cute that you ignored to copy and paste and next line of the analysis....
"The figure represents a 24.6 per cent increase over 12 months, as the total tax revenue climbed from $29.6 billion to $36.9 billion." _________________ Fighting against the objectification of woman. |
|
|
|
|
What'sinaname
Joined: 29 May 2010 Location: Living rent free
|
Post subject: | |
|
....the answer is......
NO. _________________ Fighting against the objectification of woman. |
|
|
|
|
LaurieHolden
Floreat Gymnorhina tyrannica
Joined: 22 Feb 2009 Location: Victoria Park
|
Post subject: | |
|
watt price tully wrote: | and,
8. North face jackets. |
This is the content I signed up for _________________ "The Club's not Jock, Ted and Gerry" (& Eddie)
2023 AFL Premiers |
|
|
|
|
Pies4shaw
pies4shaw
Joined: 08 Oct 2007
|
Post subject: | |
|
^ Look, I think that's a capital "F", isn't it? |
|
|
|
|
|