Is Victoria going bankrupt?

I’d heard vaguely about selling off bits of Vic Roads but not about the rest. From ‘Disaster’: Union boss slams private sector involvement in VicRoads.

“The Andrews Labor government has already sold off the Land Titles and Registry Office and it appears VicRoads’ most sensitive functions are next in line,” Ms Darmanin said.

That is incredible! Labor Governments do not privatise. They do not “work in co-operation with the private sector to provide better services.” But what they often do, when they have run out of other peoples’ money, is look inside every hollow log to find spare cash when every other source of revenue has already been spent and committed.

Comes with this today: Extra $14.5bn spent on Labor states’ bureaucracy splurge.

Victoria and Queensland have supercharged their public sector workforces, hiring more than 100,000 new staff over the past five years at a cost to taxpayers of an extra $14.5bn a year in wages and salaries.

Staff numbers in the two biggest Labor states have swollen about five times faster than in NSW, according to analysis by the NSW Treasury, which found NSW had experienced the slowest growth nationwide in both headcount and dollar cost.

NSW Treasurer Dominic Perrottet, whose government has faced criticism over the adequacy of its workforce during the recent bushfires, said his state was focused on frontline staff and not “bloated backroom bureaucracy”.

Incredible difference in attitude between NSW and the Labor states. When and if Labor finally gets tossed out in Victoria, they will leave a disaster behind that no one will be able to fix. Socialists only know how to plunder. They know nothing about what it takes to create wealth and prosperity.

But what bothers me even more is how bizarre economic theory has become that no one working in Treasury can any longer even see what the problem is.

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