{"id":567157,"date":"2026-03-27T05:34:19","date_gmt":"2026-03-27T05:34:19","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/567157\/"},"modified":"2026-03-27T05:34:19","modified_gmt":"2026-03-27T05:34:19","slug":"victoria-cries-poor-amid-gst-bailout","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/567157\/","title":{"rendered":"Victoria cries poor amid GST bailout"},"content":{"rendered":"<p>Victoria already has the lowest credit rating in Australia (AA).<\/p>\n<p>Major ratings agencies \u2014 S&amp;P Global, Moody\u2019s, and Fitch \u2014 have all warned Victoria that its rapidly rising debt poses a serious risk of another credit\u2011rating downgrade, which would sharply increase the state\u2019s borrowing costs.<\/p>\n<p>They have specifically highlighted Victoria\u2019s high and growing debt\u2011to\u2011revenue ratio, rising interest bills, weak budget discipline, and lack of a credible plan to stabilise debt.<\/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>Advertisement<\/p>\n","protected":false},"excerpt":{"rendered":"Victoria already has the lowest credit rating in Australia (AA). Major ratings agencies \u2014 S&amp;P Global, Moody\u2019s, and&hellip;\n","protected":false},"author":2,"featured_media":567158,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-567157","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/567157","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=567157"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/567157\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/567158"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=567157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=567157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=567157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}