Victoria's debt hits $160.6 billion, projected to reach $200 billion soon
Victoria's net debt reached $160.6 billion as of June 30, with forecasts projecting it to hit $200 billion by the end of the next parliamentary term. Venture capitalist Paul Bassat warns each newborn Victorian inherits approximately $24,000 in debt, urging political leaders to prioritize fiscal management ahead of the November 28 election.
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Published 15 Oct 2026, 07:13 UTC · Updated 15 Oct 2026, 07:20 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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