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Peter Walsh MP:
State Budget

Borrowing to waste.

By Portal Admin - 13th December 2020 - Back to News

Dear Editor,

The regions have been robbed in the latest State Budget.

A big spend on our country towns was just what we needed, but despite boasting a record spend propped up by a looming $155 billion debt Labor has again overlooked us in favour of Melbourne.

The forecast $47.9 billion deficit forecast for Victoria is higher than the $43.4 billion total of NSW, QLD, SA, WA & TAS combined over the same period.

Its shockingly obvious that Labor is again not borrowing to build, theyre borrowing to waste. Multi-billion dollar spends on big ticket and big headline builds in Melbourne wont actually start for years, while regional Victoria has largely missed out.

Theres no funding for health services at Maffra, Warragul, Hamilton, Swan Hill or Willaura.

Theres no funding to complete upgrades at schools in Bairnsdale, Foster or Cohuna or for CFA stations at Myrtleford, Yarrawonga, Rochester and Leitchville.

Theres no funding to complete the $260 million Shepparton bypass, despite the Federal Coalition providing $208 million.

Theres no funding to properly complete the Murray Basin Rail Project and fix Labors mess.

And despite a big taxing, big borrowing budget, Victorias jobs crisis is set to continue with unemployment to remain higher than the national average for each of the next four years.

We need to revive our economy, but its clear from this Budget that Labors got no vision or plan to deliver it.


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