{"id":366470,"date":"2025-12-23T10:35:17","date_gmt":"2025-12-23T10:35:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/366470\/"},"modified":"2025-12-23T10:35:17","modified_gmt":"2025-12-23T10:35:17","slug":"victoria-braces-for-credit-rating-downgrade","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/366470\/","title":{"rendered":"Victoria braces for credit rating downgrade"},"content":{"rendered":"<p>The state of Victoria already has the highest debt load and the nation\u2019s poorest credit rating.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/12\/Victorian-net-debt-1-2-1.png\" width=\"660\" height=\"396\" alt=\"Victorian net debt\"\/><\/p>\n<p>Victorians also pay the highest taxes in the nation.<\/p>\n<p><img src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/12\/Tax-revenue-by-state.png\" width=\"516\" height=\"495\" decoding=\"async\" loading=\"lazy\" alt=\"Tax revenue share\"\/><\/p>\n<p>The Allan Government last week unveiled a suite of new \u2018value capture\u2019 taxes and levies on developers, landowners, and car\u2011park operators to help fund the Suburban Rail Loop East (SRL East), the $34.5 billion first stage of Melbourne\u2019s orbital rail line.<\/p>\n<p>Advertisement<\/p>\n","protected":false},"excerpt":{"rendered":"The state of Victoria already has the highest debt load and the nation\u2019s poorest credit rating. Victorians also&hellip;\n","protected":false},"author":2,"featured_media":366471,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":{"0":"post-366470","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-au","9":"tag-australia","10":"tag-business","11":"tag-economy"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/366470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=366470"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/366470\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/366471"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=366470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=366470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=366470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}