Vic Labor digs immense infrastructure black hole

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By Leith van Onselen

The Grattan Institute’s transport program director, Marion Terrill, has ripped into the “astronomical” transport promises made in the lead-up to the Victorian Election, especially by Labor:

There’s nothing unusual about politicians promising big-ticket items to curry favour with voters, but this election the size of these commitments is astronomical: more than $170 billion worth of projects are on the table…

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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.