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No, Victoria doesn’t need a bailout. It needs saving from itself
The next Victorian government – whatever its political complexion – won’t be able to pay down much of the debt it will inherit by selling off assets.
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Timeline cronologica
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Chalmers rejected Victoria’s request for a federal bailout
Confidential documents show Victorian Treasurer Tim Pallas asked his federal counterpart to split the cost of the state’s economic rescue plan
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No, Victoria doesn’t need a bailout. It needs saving from itself
The next Victorian government – whatever its political complexion – won’t be able to pay down much of the debt it will inherit by selling off assets.