Victoria: the home of infrastructure waste and mismanagement

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A year ago, the Victorian government advised that the $6.7 billion West Gate Tunnel project would not be completed in 2022 as originally intended, instead pushing the project back to 2023 over a dispute around the disposal of contaminated soil.

Prior to this, it was revealed that the Victorian Government ignored expert advice on the West Gate Tunnel:

In late 2017, a group of 28 academics told the government just as it was about to sign its contract with Transurban that the project would not fix the city’s transport woes, and that its benefits had been vastly overstated by both the toll road giant and the government. They also warned that the secrecy surrounding the opaque market-led process that had brought about the plan meant no real scrutiny of it had taken place…

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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.