bourbiza mohamed
The Victorian 2023 budget has been labelled by Treasurer Tim Pallas as his most difficult, with the budget bottom line, big business and property owners all taking a hit.
But concessions have been found for small business owners and flood-affected regions.
Here are the winners and losers from this year’s budget.
Loser: Government debt
Despite the introduction of a new COVID levy, the state’s net debt is projected to keep rising.
It is expected to sit at $116.7 billion in June 2023 and grow to $171.4 billion by June 2027.
It means net debt will be equivalent to 24.5 per cent of gross state…
