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Victoria is commonly regarded as Australia’s most poorly managed state, with massive debt, soaring crime, endemic corruption and waste in infrastructure projects, potholed roads, degrading public services, and the mainland’s high unemployment rate.
A new comparative analysis by economist and former fund manager Maurice O’Shannassy has also ranked Victoria the most mismanaged state in the Western world:
Source: Gideon Rozner
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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