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Treasurer defiant as Victoria's economic gloom mounts

Treasurer defiant as Victoria's economic gloom mounts

Victorian economy shows first quarterly contraction in six years, but Treasurer says the state still leads the nation.

  • by Noel Towell and Sumeyya Ilanbey

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'Trying times': Pallas sharpens razor to slash $4b from state budget
Updated
Tim Pallas

'Trying times': Pallas sharpens razor to slash $4b from state budget

Bushfires and coronavirus are making life tough for the Treasurer, as he prepares to cut billions more from his budget

  • by Noel Towell and Benjamin Preiss
State government releases $5m of bushfire funds for urgent needs
Bushfires

State government releases $5m of bushfire funds for urgent needs

Victorian families who lost a loved one in recent bushfires will receive $50,000 from the state government, as part of a $5 million package of funds being released 'immediately' to those most affected.

  • by Ashleigh McMillan
Andrews gets tick on government wages but union woes grow
Victoria

Andrews gets tick on government wages but union woes grow

"Employee costs" starting to turn the corners, says new budget analysis, but Andrews and Pallas' union troubles remain.

  • by Noel Towell, Benjamin Preiss and Sumeyya Ilanbey
Pallas avoids trouble, for now, but can't keep this up forever
Analysis
Victoria

Pallas avoids trouble, for now, but can't keep this up forever

Economies are supposed to prop up budgets, not the other way around.

  • by Noel Towell
Treasurer cracks down on public service pay as surplus slashed
Updated
Victoria

Treasurer cracks down on public service pay as surplus slashed

Dwindling GST, drought and cladding crisis also blamed as budget surplus dwindles to $618 million

  • by Noel Towell and Sumeyya Ilanbey
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Andrews government spent $5 million on redundancies
Exclusive
Victoria Votes

Andrews government spent $5 million on redundancies

New figures obtained by The Age have revealed the true cost of Daniel Andrews’ ministerial reshuffle and staff shake-up after the 2018 state election.

  • by Samantha Hutchinson
Lift in state infrastructure spending may force asset sales, more debt
Australian economy

Lift in state infrastructure spending may force asset sales, more debt

The Parliamentary Budget Office has warned a large lift in state spending will have to be met with more debt or asset sales as GST income is also under threat.

  • by Shane Wright
Victorian opposition sense an opening over blow-outs, interest costs
Opinion
Opinion

Victorian opposition sense an opening over blow-outs, interest costs

Where’s all this borrowed money going? Labor’s much-vaunted transport infrastructure program, of course.

  • by Noel Towell
Surplus safe, says Labor, despite $800 million first-quarter deficit
Victoria

Surplus safe, says Labor, despite $800 million first-quarter deficit

Revenue for first three months of the financial year is down. Labor says the surplus is safe, but Liberals are 'staggered'.

  • by Noel Towell
Government land sell-off hints at budget unease
Opinion
Opinion

Government land sell-off hints at budget unease

The potential sale of government-owned properties is not a new phenomenon. This practice has been around for a long time, but what strikes me as unusual in this case is the magnitude of the proposed divestment.

  • by John Pesutto