Thursday, 10 December 2020

Government performance

Mr ANGUS: The loss of Victoria’s prized AAA credit rating is a huge blow to all Victorians. It shows that financial experts have now looked at Labor’s most recent budget and seen it for what it is—that is, an absolutely reckless spendathon, spending all of the next few generations’ money over just the next four years. This reckless approach and financial mismanagement jeopardises the financial future of current Victorians and indeed all future Victorians. It is one thing to make sound, considered investment decisions backed by well-developed business cases, but it is another thing to make hasty, ill-thought-through, thought bubble decisions on the back of a serviette. The latest example of this is the revelation from earlier this week of the government paying $3 million to not build an order of trams. This gross mismanagement just shows how reckless and careless this government is with other people’s money. How on earth can this government be so disorganised and just so hopeless, given the record number of highly paid public servants they have working for them at great expense to taxpayers? It just proves once again the old adage that Labor cannot manage money.