Tag: victoria
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LibNats to dump SRL in 2026

The Victorian Liberals and Nationals announced they will not complete the Suburban Rail Loop (SRL) if elected in 2026 so they can deliver important infrastructure projects right across the state. Since its announcement in 2018, the SRL has never been subjected to a proper business case assessment or scrutinised by infrastructure authorities and has been…
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Labor’s SEC fails to deliver for Victorians

In 2023, the government committed an initial $1 billion to the SEC to help deliver 4.5 gigawatts of power through renewable energy projects, in which the Victorian government would take a majority stake. Energy experts argued that “wouldn’t buy much” in a transition from fossil fuels expected to cost around $320 billion nationally. SEC Victoria Pty Ltd has two…
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Victorian property taxes plunge construction sector into crisis

This week a new industry survey showed confidence within the property industry has fallen to its lowest level since the depths of the Covid pandemic, with Labor’s budget continuing to be propped up by ever increasing property taxes. A listed fund I can not name had made a decision to divest and exit Victorian property…