North East Link cost more than double, taking toll on debt burden

The North East Link has more than doubled in cost since it was first announced with another $10 billion blowout piling even more pressure on Victorian taxpayers, who already live in the most indebted state in the nation.

Interest repayments will hit $8.8 billion a year by 2027, leaving taxpayers on the hook for $16,700 every minute in interest costs alone.

Leave a Reply

Your email address will not be published. Required fields are marked *