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There's also a point that Qld and Tas (not sure about NSW) both own businesses that actually sell something and produce income.Do Victorians know the level of debt Victoria holds?
WHAT WAS CLAIMED
Victoria’s net debt is forecast to be higher than the combined debt of NSW, Queensland and Tasmania.
OUR VERDICT
True. By 2025/26, Victoria is forecast to have a net debt of $167.5 billion. NSW, Queensland and Tasmania combined are forecast to have $159.2 billion.
They export a lot of people.... does that count ?There's also a point that Qld and Tas (not sure about NSW) both own businesses that actually sell something and produce income.
CS Energy
Stanwell Corporation
CleanCo
Hydro Tasmania
Powerlink
TasNetworks
Metro Tasmania
TT-Line
Aurora Energy
Ergon
TasRail
MAIB
SunWater
Energy Queensland
Various shipping ports in both states
And so on. Between them there's $ billions in physical assets and whilst not all are profitable, some certainly are.
Versus in Victoria to my understanding the only thing really backing the debt is future taxation revenue. Maybe there's the odd random other thing (?) but they don't seem to have much that's selling an actual product or service to someone for profit, it's taxpayers who are on the hook for the full debt.
That is a lot of debt for a tier of government that is not really required and could be abolished completely without much downslide.WHAT WAS CLAIMED
Victoria’s net debt is forecast to be higher than the combined debt of NSW, Queensland and Tasmania.
OUR VERDICT
True. By 2025/26, Victoria is forecast to have a net debt of $167.5 billion. NSW, Queensland and Tasmania combined are forecast to have $159.2 billion.
No wonder he wanted to sell out Victoria to China & Xi on the Belt and Roads program.
Why?
Because that's what Australia's most "progressive" State does when it's been poorly managed for so many years.
How's Melbourne after the world's strictest lock downs guys?
Looking good is it?
All those little businesses here and there back to it and open again?
??
Nick McKenzie is going to end up encased in a concrete foundation somewhere. Pis5ed off the army, now the bikers and union. Guy has a pair on him I'll give him that.CFMEU infiltrated by bike groups.
Another great investigation by the Age/SMH. Last group standing that does this deep investigation work.
Latest & Breaking News Melbourne, Victoria | The Age
The Age has the latest local news on Melbourne, Victoria. Read National News from Australia, World News, Business News and Breaking News stories.www.theage.com.au
Why did this get moved into the Dictator Daniels thread? CFMEU are in Sydney also, in fact many of the bikers mentioned are in the NSW branch. Need a CFMEU thread.Nick McKenzie is going to end up encased in a concrete foundation somewhere. Pis5ed off the army, now the bikers and union. Guy has a pair on him I'll give him that.
I put it in this thread, because the BLF / CMFEU cancer has been a peculiarly Victorian disease and under Dan Andrews the malignancy has spread. The Big Build has seen snouts seek out troughs on an industrial scale. We can't accuse other cultures of kleptocratic behaviour and ignore the structural similarities here.Why did this get moved into the Dictator Daniels thread? CFMEU are in Sydney also, in fact many of the bikers mentioned are in the NSW branch. Need a CFMEU thread.
I wouldn't go as far as to say it is a Victorian disease, I remember having to stay at work for two days operating a power station, because the union put in a picket line and wouldn't allow a change of shift in.I put it in this thread, because the BLF / CMFEU cancer has been a peculiarly Victorian disease and under Dan Andrews the malignancy has spread. The Big Build has seen snouts seek out troughs on an industrial scale. We can't accuse other cultures of kleptocratic behaviour and ignore the structural similarities here.
By all means set up your own thread .
I suggested it to Joe as there was already a post on the issue. I was too lazy to look for the union thread.Why did this get moved into the Dictator Daniels thread?
This isn't new in Victoria. Walk around the Melbourne CBD past random building sites and someone unaware of the truth would likely conclude the CFMEU was either an extremely dominant building contractor, a major property development company, a bank that's financing it all or an arm of government.The CFMEU didn't give a ratz, so i don't think they were any shining light for the union cause.
Thugs sums them up pretty well IMO.
Afterwards they can run over cyclists in a CCP tank.says it all
Former Labor state premiers Bob Carr and Dan Andrews will attend a sprawling military parade in Tiananmen Square marking 80 years since the end of China’s war with Japan alongside Xi Jinping, Kim Jong-un and Vladimir Putin, the Chinese government has announced.
Meanwhile.says it all
Former Labor state premiers Bob Carr and Dan Andrews will attend a sprawling military parade in Tiananmen Square marking 80 years since the end of China’s war with Japan alongside Xi Jinping, Kim Jong-un and Vladimir Putin, the Chinese government has announced.
Well that is the epitome of being in the pocket of big business, it doesn't get any bigger than China.says it all
Former Labor state premiers Bob Carr and Dan Andrews will attend a sprawling military parade in Tiananmen Square marking 80 years since the end of China’s war with Japan alongside Xi Jinping, Kim Jong-un and Vladimir Putin, the Chinese government has announced.
October 2018, Andrews announced Victoria was signing up to Chinese President Xi Jinping’s signature foreign policy, the Belt and Road Initiative.Yes, no excuses. A betrayal. I wonder if he got 30 pieces of silver.
Standing with dictators from Myanmar, Russia, China, Nth Korea, Iran, Kazakhstan, Turkmenistan, Azerbaijan and the former PM of Romania.
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