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Victoria Budget 2020 winners and losers
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The Victorian Government is borrowing and spending billions to help the state’s economy recover from the pandemic. There aren’t many immediate losers in a big-spending budget like this, but all the wins come at a cost.
Winner: Social housing
The Victorian Government will spend $5.3 billion on building 12,000 homes over the next four years.
Construction on some projects will start immediately and a quarter of the funding will be allocated to regional Victoria.
The package will create 9,300 new social housing homes, including 2,000 specifically for…
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