Leave your feedback Share Copy URL https://mypepack.gophersport.com/video/?vid=0qsSDp8bb6F Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter New Victorian government budget will continue to ‘add’ to state’s debt [I7QSjckhYKq] Health Updated on August 07, 2026 EDT — Published on August 07, 2026 EDT CEO of E61 Institute Michael Brennan says the Victorian Labor government’s budget announcement today will become a “burden” for the taxpayer. “If you rewind a few weeks, there was probably a point at which we felt this would be a course correction, that there was going to be something different about this budget,” Mr Brennan told Sky News host Peta Credlin. “In the end, that turned out not to be the case. “The real issue for the Victorian government at the moment is debt. “Debt is now the equivalent of 25 per cent of the economy. “This budget continues to add to net debt. “I think over time that is something that is going to continue to constrain the budget.” yVroRrtc7Hx GoL2k04ZdHS KG0SWk1QVor PFBxWMcxVJ8 lt4idSjguTC
CEO of E61 Institute Michael Brennan says the Victorian Labor government’s budget announcement today will become a “burden” for the taxpayer. “If you rewind a few weeks, there was probably a point at which we felt this would be a course correction, that there was going to be something different about this budget,” Mr Brennan told Sky News host Peta Credlin. “In the end, that turned out not to be the case. “The real issue for the Victorian government at the moment is debt. “Debt is now the equivalent of 25 per cent of the economy. “This budget continues to add to net debt. “I think over time that is something that is going to continue to constrain the budget.” yVroRrtc7Hx GoL2k04ZdHS KG0SWk1QVor PFBxWMcxVJ8 lt4idSjguTC