Victoria’s population and construction Ponzi scheme
The Victorian budget recalls an earlier time when the state permitted the forced confiscation of property – perhaps Spring Street’s most frightening legacy.
The 2023-24 Victorian budget accelerates the state’s relative decline compared to the rest of the nation. That decline can be attributed to lax fiscal management and planning processes, appalling public accountability and disregard for private property rights.
The fiscal chickens have come home to roost for Treasurer Tim Pallas.
