Wednesday, November 14, 2018

Razor gang

It's election time again. The Labor Party often resorts to caricaturing the Liberal Party as heartless bean counters, who have little regard for the human cost of their spending cuts, whilst the Liberals like to slam Labor as reckless spenders. This mock scratch card, produced by the Trades Hall Council, is an attempt to persuade voters of the dire consequences for Victoria of not voting Labor. They would have you believe that health, education, and workplace safety will all suffer. 

A harsh analysis of this issue would argue that if it wasn't for cost blowouts on major projects, the Liberals would not need state to cut funding for these services when they hold government.

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. 

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. 

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