Leave your feedback Share Copy URL https://mypepack.gophersport.com/video/?vid=yoEStyUpaFn Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter New Victorian government budget will continue to ‘add’ to state’s debt [HNMzoJN5P11] Health Updated on August 08, 2026 EDT — Published on August 08, 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.” sndcn1fAonu siWnNkdN6wT 9dhTAfrriAI YKnuyjC685G xDHdwP7QfHF M1Eev8KC8kz
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.” sndcn1fAonu siWnNkdN6wT 9dhTAfrriAI YKnuyjC685G xDHdwP7QfHF M1Eev8KC8kz