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‘It’s tortured logic’: Tom Elliott slams Premier’s plan to borrow more to ‘reduce’ debt

Tom Elliott
Article image for ‘It’s tortured logic’: Tom Elliott slams Premier’s plan to borrow more to ‘reduce’ debt

Victoria’s debt has exploded from a few billion to nearly $200 billion in just ten years, with the state now paying over $1 million in interest every single hour.

Tom Elliott has strongly criticised Premier Jacinta Allan’s recent spending spree, including $1 billion for potholes and free public transport, labelling the government’s economic strategy as “tortured, circuitous logic”.

Press PLAY to hear his warning on what these debt will mean for our future 

The 3AW Mornings host argued these moves are transparent attempts to “buy votes” rather than secure the state’s long-term future.

Images: Asanka Ratnayake/Getty, Supplied

Tom Elliott
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