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As businesses fold, the unemployment rate in Victoria continues to climb, exacerbating economic hardship for many residents. An even more pressing issue is the state’s ballooning debt load, which is forecasted to reach a staggering $194 billion by 2028. Currently, Victoria faces daily interest payments of approximately $21 million, highlighting the financial strain that debt burdens place on the economy. When compared to other jurisdictions worldwide, Victoria's debt levels rank among the worst, casting doubt on the state’s fiscal management.