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Shadow Minister for Investment and Jobs, Craig Ondarchie

Facts:

The Regulatory Impact Statement confirmed that:

·        The economic cost of the new public holidays is up to $898 million each year

·        Plus, increased wage payments of up to $286 million each year

·        Overall, the estimated costs of the new public holidays outweigh the benefits.

Quotes attributable to Shadow Minister for Investment and Jobs, Craig Ondarchie:

“This is a damning report which reveals that Daniel Andrews’ plan will cost Victoria over $1 billion a year.

“This is Labor’s billion dollar blow to jobs and economic activity right across Victoria.

“Daniel Andrews has scrapped the East West Link and a $100 million tourism investment at Point Nepean.  Now we have confirmation his public holiday plan comes with a $1 billion price tag.

“Once again, we see Daniel Andrews making reckless decisions that are bad for jobs and bad for investment in Victoria.”

Media contact:         John Deller        0400 496 596   [email protected]



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