“Victoria's net debt is set to blow out to $165.9 billion in 2026, which is larger than NSW, Queensland and Tasmania combined.”
What RMIT ABC Fact Check found
Mr Davis's claim is gilding the lily. So are similar claims from Mr Guy, Mr Bach and the Liberal Party organisation. It's important to note that Victoria's net debt in June 2022 was $99.98 billion. It is not yet the $165.9 billion it is projected to be in June 2026, despite Liberal Party claims it has already "blown out" to similar magnitudes and Mr Davis's claim that it will reach that level by 2025. Nonetheless, Victoria's June 2022 debt sits head and shoulders above any other state or terr...
Their words, from the summary they publish with the rating.
In short
David Davis (Shadow Treasurer) made this claim around 10 November 2022. RMIT ABC Fact Check (Australia) looked into it and published its finding on 24 November 2022, 14 days later. Its rating was “Gilding the lily”.
Where the claim appeared
- vic.liberal.org.auhttps://vic.liberal.org.au/media-releases/2022-11-10-labors-debt-disaster-confirme?topic=…
Links recorded by RMIT ABC Fact Check. Some posts may have been deleted since.
This check was done by RMIT ABC Fact Check, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.