Politics Computer

Parliament of Victoria · Legislative Council · 28 August 2024 · Economy and tax

Suburban Rail Loop: motions

Voting yes supported the motion's statement that the state would be cut to a record low AA- credit rating and face higher borrowing costs, in relation to the Suburban Rail Loop.

Defeated17 yes 22 no

The question put

That would see the state reduced to a record low AA- rating – three notches down from AAA in 2020 – and would mean increased borrowing costs of between 0.1 per cent and 0.5 per cent at a time when the state’s debt is ballooning.

How each party voted

Members who didn't vote (absent, paired or in the chair) aren't listed. A party votes as one when at least three quarters of its members vote together.

Source: Hansard, Parliament of Victoria. The summary is AI-written from the question and the bill's official summary, then checked; the record above is the authority.