Derailed: trains turn magically into houses
Labor seems to be running scared from its own mega-project – the Suburban Rail Loop.
Labor seems to be running scared from its own mega-project – the Suburban Rail Loop.
Victoria’s budget is broken, its Triple-A credit rating is lost – but it could have been so different if Labor’s modern profligates had only read chapter nine of John Brumby’s political memoir.
Despite the Allan government’s commitments to ‘fiscal discipline’ departments are blowing their budgets and the cost of the public service continues to escalate.
Treasurer Jaclyn Symes has assured Victorians state debt will not crash through the symbolic $200bn barrier in Tuesday’s budget amid signs the state’s annual interest bill is in danger of hitting $10bn.
Anthony Albanese says he was saddened to hear his ‘friend’, former US president Joe Biden has prostate cancer, sending the family his well wishes in a brief statement, Acting Prime Minister Richard Marles says Australia has a ‘growing strategic relationship with Europe’, welcoming its importance in a ‘defence context’.
A $600m budget surplus will be unveiled on Tuesday – almost $1b smaller than originally forecast while debt will continue soaring towards $200bn.
Jacinta Allan’s ‘free’ train rides for children will cost all Victorians.
Unfunded and unloved, Jacinta Allan’s Suburban Rail Loop could now be a budget breaker.
Former Victorian premier Jeff Kennett is leading a fundraising effort to save John Pesutto from bankruptcy.
A global credit ratings agency has raised the alarm over ‘weak’ Victorian budget performance and issued a warning over the state’s Suburban Rail Loop costs.
Original URL: https://www.theaustralian.com.au/author/damon-johnston/page/2