NewsBite

Opinion

Letters: Budgets and a need for balance

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

You have been running articles critical of Victoria’s finances including a reference to Victorian Premier Daniel Andrews’ “crippled budget” (“Victoria’s crippled finances are all Daniel Andrews’ fault”, April 11).

Yes, there is a headline cash deficit of $13 billion, but if you calculate the “underlying cash balance” like the federal budget papers do, then there is a modest surplus of $1.3 billion. The difference is removing the disposals and acquisitions of non-financial assets.

Loading...

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Latest In Federal

Fetching latest articles

Most Viewed In Politics

    Original URL: https://www.afr.com/politics/federal/letters-budgets-and-a-need-for-balance-20230413-p5d0a4