Victorians 'dudded' while Canberra lavishes cash on NSW

 

News article: Victorians 'dudded' while Canberra lavishes cash on NSW

The Turnbull government continues to lavish infrastructure money on NSW at four times the rate, per resident, received by Victorians, according to a new analysis by the state government.

  MetroFemme Assistant Commissioner

Some truth as Victoria is slow to get projects up and running. Look how long we waited for metro tunnel 1 to get going. Nothing happened under the Libs for 4 years.

Victorians 'dudded' while Canberra lavishes cash on NSW

Sponsored advertisement

  freightgate Minister for Railways

Location: Albury, New South Wales
Victoria has just collected $4b from the sale of its share in the snowy squeme.

According to radio the agreement requires the money to be spent on infrastructure projects the feds nominate.
  Valvegear Oliver Bullied, CME

Location: Norda Fittazroy
Victoria has just collected $4b from the sale of its share in the snowy squeme.
"freightgate"
Don't bet on it. According to ABC news this morning, NSW gets $4b and Victoria gets $2b, due to NSW holding the majority of the stake.
  Carnot Minister for Railways

Victoria has just collected $4b from the sale of its share in the snowy squeme.
Don't bet on it. According to ABC news this morning, NSW gets $4b and Victoria gets $2b, due to NSW holding the majority of the stake.
Valvegear
Not that many strings attached.  I get the impression the Feds won't cough up the $1.4 billion rail revival money and will instead ask the Vic Govt to pay it with sale proceeds of the Snowy instead:

http://www.abc.net.au/news/2018-03-02/government-buys-out-states-snowy-hydro-shares-for-$6b/9500908

"The deal stipulates the states have to spend the money on "productive infrastructure" which could include projects like transport, schools or hospitals.

Mr Frydenberg said the Federal Government would not have a say on which projects were funded.
"While we don't have a final say over their choice of projects, we would expect the states to invest the money consistent with that broad commitment," he said.

"They will have responsibility for using this money wisely."

Victorian Treasurer Tim Pallas welcomed the agreement.

But he says exactly where the $2 billion will be spent is yet to be determined."

Sponsored advertisement

Display from:   

Quick Reply

We've disabled Quick Reply for this thread as it was last updated more than six months ago.