Victorian Budget analysis 2020-21

KPMG’s report provides a summary and analysis of the Victorian Government’s announcement, introduced by Carmel Mortell and Grant Wardell-Johnson.

The 2020-21 Victorian Budget sees the Victorian Government investing further in lifting the economy out of recession. The Victorian Government’s budget for 2020-21 projects an operating deficit of $23.3 billion, to follow a deficit of $6.5 billion for 2019-20. However, despite projected infrastructure investment of more than $75 billion over the forward estimates period to 2023-24, government net debt is not expected to exceed 30 percent of gross state product during that time. This infrast...

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Authors: Carmel Mortell, Grant Wardell-Johnson

Published Date: 25 November 2020