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.
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
- LaborAll no0 yes · 15 no
- LiberalAll yes11 yes · 0 no
11 members
- GreensAll no0 yes · 3 no
3 members
Smaller parties and independents
- NoDavid EttershankLegalise Cannabis
- NoRachel PayneLegalise Cannabis
- YesGaelle BroadNationals
- YesMelina BathNationals
- NoGeorgie PurcellAnimal Justice Party
- YesMoira DeemingFamily First
- YesAdem SomyurekIndependent
- YesDavid LimbrickLibertarian Party
- YesRikkie-Lee TyrrellOne Nation
- NoSamantha RatnamParty not recorded
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.