Dan’s West Gate Tunnel hit with another scandal

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In late 2017, the Victorian Labor Government completed a shady $6.7 billion deal with Transurban to build the West Gate Tunnel Project, which will see Transurban contribute $4.4 billion towards the cost in exchange motorists paying $15 billion in additional tolls on CityLink until 2045.

Former Premier Jeff Kennett described the deal as “absurd” and claimed Transurban had “the government in their pocket”.

Whereas several transport experts also sounded the alarm over the deal (see here, here and here).

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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.