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More jobs gone for Victorians

21 May 2020

The Australian Bureau of Statistics’ labour force release shows 132,200 fewer Victorians were employed from March to April as the COVID-19 lockdown wreaked havoc on Victorian jobs.More than 117,000 of Victorians losing employment were reported within greater Melbourne, with the Melbourne’s South-East (down 25,300), North-East (down 22,600) and West (down...

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Quarterly report paints Victoria’s grim economic picture

20 May 2020

Tonight’s release of the latest ANZ Stateometer report shows Victorians are experiencing some of the worst economic effects in the country following the state’s toughest COVID-19 lockdown restrictions. The report is not good news for homeowners or residential mum-and-dad investors with the state’s reliance on international tourism having weakened the housing market more...

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Education Minister confirms Labor’s “big borrow” to be spent on 2018 election commitments

18 May 2020

Labor’s Education Minister, James Merlino, has today at a Parliamentary Committee hearing admitted that Labor will be using some of the $24.5 billion of “pandemic” borrowings to fund school building election commitments from 2018. The admission that Labor’s “big borrow” will be spent funding election commitments from 2018 shows that...

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