Observers have recently warned of potential cost blowouts on major infrastructure projects. This will potentially cause budget problems for the next Victorian government.
Even if these projects are not mismanaged, they often cost more than necessary. Those with long memories will remember that the previous Victorian Labor government rejected the offer of federal government funding for the 2002 Melbourne Cricket Ground redevelopment, because it would not accept its conditions.
https://www.theage.com.au/national/mcg-funding-fallout-20020606-gdu9zb.html
According to the Auditor General, it is also very likely that the total cost of the current level crossing removal project will be much higher than initially estimated.
According to the Auditor General, it is also very likely that the total cost of the current level crossing removal project will be much higher than initially estimated.
https://www.theage.com.au/national/victoria/level-crossing-removal-program-poor-value-for-money-auditorgeneral-andrew-greaves-20171214-h04ed0.html
Controversially, it also chose to build the Eastlink road project as a tollway instead of a freeway, rejecting federal government funding for the project.
Controversially, it also chose to build the Eastlink road project as a tollway instead of a freeway, rejecting federal government funding for the project.
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