Cost of Big Victorian Infrastructure Projects Surge $11 Billion in One Year

Victorian Auditor-General’s Office’s report highlights cost overruns, lack of reassessment, and failure to report project changes as key shortcomings.
Cost of Big Victorian Infrastructure Projects Surge $11 Billion in One Year
Premier of Victoria Jacinta Allan speaks during a Cricket Australia Media Opportunity at Melbourne Cricket Ground in Melbourne, Australia, on Aug. 18, 2024. Asanka Ratnayake/Getty Images for Cricket Australia
Naziya Alvi Rahman
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A new report from the Victorian Auditor-General’s Office (VAGO) has raised serious concerns about the state government’s handling of major infrastructure projects, revealing a staggering $11 billion surge in costs over the past year.

The report, which examined 110 major projects, found that nearly half had experienced increases in their total estimated investment (TEI).

Naziya Alvi Rahman
Naziya Alvi Rahman
Author
Naziya Alvi Rahman is a Canberra-based journalist who covers political issues in Australia. She can be reached at [email protected].