The population monster that's swallowing Victorian governments

By Leith van Onselen

The Australian’s Judith Sloan has questioned why Victorians are set to throw-out the one-term Napthine Government when its performance has not been all that bad:

It’s not as though the Coalition government has been especially bad. There is a good news story to tell about fiscal management, expense control and initiatives for some needed new infrastructure. Victoria retains its AAA credit rating, which is in marked contrast with most of the other states.

To be sure, the Victorian economy has been sagging along with the rest of the economy. And given the relative concentration of the Victorian economy in manufacturing, the fallout from the closure (or pending closure) of some large plants has hit Victoria hard.

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.

The population monster that’s swallowing Victorian governments