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The Victorian Auditor-General found in 2021 that the state’s multibillion-dollar projects were being built with “fragmented planning” and secrecy, which was costing taxpayers dearly.
The Auditor-General also discovered that the Victorian Government has a “tendency to underestimate costs and over-estimate benefits” for big projects.
As a result, Victorians face “delays in obtaining needed infrastructure or increased costs”.
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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.