Victorian government jobs will be slashed in state budget to rein in Covid debt, analysts predict
by Peter Hannam and Benita Kolovos from World news | The Guardian on (#6BTWV)
Labor MPs say Tuesday's budget will be tough amid rising debt but election pledges will be honoured
Victoria's mounting debt burden will force the Andrews government to scythe staffing levels and delay costly rail projects to avoid a further deterioration of finances, analysts predict.
The state, which accounts for about a quarter of Australia's economy, has a very weak" budget outlook compared with other states, S&P Global Ratings analyst Anthony Walker says.
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