Sky News Australia published this video item, entitled “Victoria to hand down big spending items in state budget today” – below is their description.
Victoria’s budget – which will be handed down this afternoon – is expected to be the state’s biggest spending budget and will pour billions into the economy in a bid to pull it back after four crippling months in lockdown. The state government has previously flagged some of the big-ticket items, including $5.3 billion to build social housing and billions allocated to airports, suburban and Geelong rail projects. Treasurer Tim Pallas is also expected to announce nearly $870 million for mental health and $465 million in a tourism package. As a consequence of being Victoria’s largest spending budget, the state’s debt is expected to blow out to more than $150 billion.
Sky News Australia YouTube Channel
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