Victorian Budget keeps riding the housing bubble

Wednesday 27 April 2016

The Victorian Budget was released yesterday, which was largely a big spending, big taxing affair.

In his Budget Speech, Treasurer Tim Pallas spruiked Victoria’s booming economic conditions, which has led to a doubling of the state’s projected surplus to $2.9 billion in 2016-17:

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

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.