Means testing energy handouts ‘too costly’
The government won’t contemplate means testing $300 energy rebates under its $3.5bn budget package.
The government won’t contemplate means testing $300 energy rebates under its $3.5bn budget package.
Welfare recipients will receive a 10 per cent boost to their rent assistance payments, in what the government says is the largest and the first back-to-back increase to the maximum rates of rent assistance in more than three decades.
Mental health-related presentations to Victorian emergency departments have surged to a five-year high.
Victorians face an interest bill of $26m a day to service their debt, despite spending cuts and delays to major projects announced in Tuesday’s state budget.
The Albanese government is expecting next week’s federal budget to take a hit from Victoria’s Covid debt levy, as economists warn the state’s weak fiscal outlook is likely to become an increasing drag on the nation’s finances.
Victorian Energy Minister Lily D’Ambrosio has declared federal spending ‘critical’ to her state’s plans for an offshore wind industry.
The warnings come as global ratings agency S&P signals that almost $250bn of an expected $600bn in Australian state debt, or 42 per cent, is expected to be attributable to Victoria by 2027.
Public sector unions are preparing to take industrial action the day after Victoria’s Labor government hands down what is expected to be a horror budget.
Independent Schools Victoria has fired a warning shot at the state government, saying it wants to see a ‘no surprises’ budget handed down.
Business leaders are warning the Victorian government ahead of its budget on Tuesday that if they do not get the balance right, companies will leave the state, taking jobs with them.
Original URL: https://www.theaustralian.com.au/author/rachel-baxendale/page/4