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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.
Economists question Victorian Liberal plan to deliver surplus while cutting taxes
Photo: ABC News Politics

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Continue reading · ABC News Politics
Disclaimer

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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