Economists question Victorian Liberal plan to deliver surplus while cutting taxes
Key points
- Two economists have warned that Victoria's budget would worsen under a Coalition government, because planned spending cuts are not large enough to offset tax cuts. RMIT professor David Hayward estimates a $9 billion shortfall in the state's finances.
- Opposition Leader Jess Wilson has promised a cash surplus by 2032, partly funded by a 10-year freeze on public service hiring.
- Independent economist Saul Eslake said the Coalition must explain how it will reduce debt, and called for spending cuts and revenue increases.
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This is an AI-generated summary based on reporting by ABC News Politics. It may not reflect every detail of the original story exactly. Tap “Continue reading” above for the full, original article.
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