Victorians face a choice of major parties determined to spend their way to power, analysts say
by Peter Hannam from World news | The Guardian on (#664T0)
The state suffered country's sharpest economic slowdown due to long lockdowns, requiring bigger fiscal repair job, one expert says
Profligate Coalition spending promises, a build bigger" Labor campaign, and limited efforts by either major political party to rein in debt dominate the economic choices facing Victorians as they go to the polls, analysts say.
Victoria, which generates just under a quarter of Australia's annual GDP, suffered the sharpest economic slowdown in the nation because of its lengthy lockdowns, leaving it with a bigger fiscal repair job, according to rating agency S&P.
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