Budget 2025–26
Kim WELLS (Rowville) (10:25): This statement condemns the Allan Labor government for its 2025–26 state budget, which is built on nothing more than lies, fantasy forecasts and spiralling debt. Labor not only is running a cash deficit but has blown the credit card, with Victoria’s net debt now set to blow out to $194 billion by 2028–29, within a whisker of exceeding $200 billion. That is $27,700 in net debt per man, woman and child in our state – a net debt which incurs $28.9 million in interest payments every single day, paid for by all Victorians, $1.2 million every single hour or $10 billion per year. No wonder Victorians are fed up with crumbling roads, an increasing crime crisis, record hospital waitlists and Labor cutting $2.4 billion from our government schools. These local issues are affecting Rowville, because there are still unfunded projects, including the important Dorset Road extension, the duplication of Napoleon and Wellington roads, major upgrades to facilities at both Rowville and Scoresby secondary colleges. The Allan Labor government state budget, mired in debt and deceit, again proves they cannot money.