Stark reminder for all execs talking up SME exposure
The smaller, the more exposed to China
In Part One, headed ’Victoria – Shitoria’, I provided the context for the dire financial situation the Australian state of Victoria faces, including multi-billion-dollar budget overruns and aspirational completion dates for key road & rail infrastructure projects.
This follow-up explains how your freight routes will be affected as a result.
It’s official – you suck
Predictably, the Australian Business Council has ’awarded’ Victoria as the worst place to do business – the state has the highest taxes compared with ...
Comment on this article
chris dunphy
January 25, 2025 at 12:39 amSadly all true.
The unions hold considerable sway and have done their level best to bankrupt Victoria via CFMEU work practices.
It’s incredible how “safety” has been weaponised to the point where 2 lanes on a 3 lanes freeway are closed for hours while a crew of onlookers watches a guy change a lightbulb off the verge of said freeway! Also in the name of safety the sole operating land speed is reduced from an already ridiculously low 80km/h to 40km/h !!!
Fortunately union corruption & woke bureaucracy appear to be on the wane: let’s hope for a resounding Labour exit in upcoming VIC / Federal elections.