The Victorian Government is a financial disaster zone

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The Victorian Government is a disgrace.

It completely bungled the Covid pandemic, resulting in one of the world’s longest and costliest lockdowns.

It has also driven the state into a deep financial black hole, driven in part by excessive spending on poorly managed infrastructure whose costs have blown-out.

State budgets

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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.