Coronavirus: Staggering economic impact of Victoria’s COVID crisis revealed | 7NEWS

Victoria’s budget is expected to run a $7.5 billion deficit for the 2019-2020 financial year. Treasurer Tim Pallas revealed the startling figure in an economic update on Thursday.

Coronavirus, which is ravaging Victoria with a savage second wave, has been blamed for the dire financial situation. More:

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From: 7NEWS Australia

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