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How former state auditor thinks Victoria should resolve record debt

Tom Elliott
Article image for How former state auditor thinks Victoria should resolve record debt

Victoria faces record levels of debt as forecasts suggest net debt could rise to nearly $200 billion by 2030.

Former Kennett government Victorian Commission of Audit chairman Bob Officer told 3AW Mornings host Tom Elliott that the continual rise was unsustainable.

Press PLAY to hear Officer detail how he thinks the state government should work towards reducing its debt

“What it amounts to is about $26,000 per capita, or more than $50,000 per working family, that’s the level of debt … that’s why it’s important that we reduce this debt,” he said.

Images: University of Melbourne, iStock

Tom Elliott
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