Episode Details

Victorias budget reveals a significant decrease in Big Build spending, from $21.4 billion this year to $15.5 billion by 2028-29, despite rising oil prices. The government is allocating a record $1 billion for road maintenance, aiming to fix 200,000 potholes, but quick patching on regional roads is being cut. The focus is shifting towards longer fixes like resurfacing, with repair targets in outer suburbs also decreasing due to rising unit costs from fuel and materials. Opposition roads boss Danny O’Brien criticizes the budget, claiming its more cash but less work, particularly impacting regions. High oil prices from Middle East conflicts have increased the cost of bitumen, truck fuel, and pipes by up to 35%, squeezing builders. The Treasury predicts slight cost increases across 458 projects, with $1.6 billion allocated for public transport, including bus boosts, but commuters still express concerns about frequencies keeping pace with population growth.

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