VIC Liberals privatise poo for population ponzi

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By Leith van Onselen

The Victorian Liberals have pledged to sell off Melbourne’s sewage treatment service to fund major rail and road projects, if elected on Saturday. From SBS News:

Melbourne’s sewage treatment service would be privatised to unlock $5 billion for major road and rail projects, if the opposition wins Saturday’s Victorian state election.

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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.