Labor spin can’t cover up $28 billion in Big Build cost blowouts

Liberal Party Victoria

Today in Parliament, the Andrews Labor Government has refused to say if major project cost blowouts have now exceeded $28.1 billion.

Victoria’s budget papers reveal at least $28.1 billion in cost blowouts under the Andrews Labor Government.

In September 2021, the Victorian Auditor-General reviewed 110 projects undertaken by the Andrews Labor Government. Of these, 63 per cent changed total cost and 48 per cent changed completion date.

Shadow Minister for Transport Infrastructure, Matt Bach said that Labor’s spin can’t cover up the truth.

“Labor’s big build is just a big bill Victoria can’t afford,” Mr Bach said.

“Daniel Andrews’ mismanagement and waste means higher taxes and longer waits for critical roads, rail and transport infrastructure.

“Only a Matthew Guy Liberals and Nationals Government will stop Labor’s blowouts and put more money into fixing the health crisis.”

Fast Facts – Labor’s $28.1 billion in cost blowouts

   

North East Link

Promised: $5 billion

22/23 Budget: $15.4 billion (budget details potential future increases)

CURRENT BUDGET BLOWOUT: $10.4 billion

West Gate Tunnel

Promised: $500 million

Revised project cost: $5.5 billion

22/23 Budget: $10.2 billion

CURRENT BUDGET BLOWOUT: $4.7 billion

Note: Legal disputes pending

Metro Tunnel

Promised: $9 billion

22/23 Budget: $12.36 billion

CURRENT BUDGET BLOWOUT: $3.36 billion

Note: Legal disputes pending

Level Crossing Removals (initial commitment)

Promised: $5 billion

Victorian Auditor-General: $8.3 billion

CURRENT BUDGET BLOWOUT: $3.3 billion

East West Link

Promised: $0 to cancel

Cost: $1.3 billion to cancel it

LAST REPORTED BLOWOUT: $1.3 billion

Frankston Hospital

Promised: $562 million

22/23 Budget: $1.118 billion

CURRENT BUDGET BLOWOUT: $556 million

Footscray Hospital

21/22 Budget: $1.495 billion

22/23 Budget: $1.998 billion

CURRENT BUDGET BLOWOUT: $503 million

Victorian Heart Hospital

Promised: $150 million

22/23 Budget: $577 million

CURRENT BUDGET BLOWOUT: $427 million

Barwon Women’s and Children’s Hospital

Promised: $100 million

22/23 Budget: $525 million

CURRENT BUDGET BLOWOUT: $425 million

City Loop Fire and Safety Upgrade

Previous Allocation: $151.74 million

22/23 Budget: $468.94 million

CURRENT BUDGET BLOWOUT: $317.2 million

Suburban Roads Upgrade

21/22 Budget: $2.208 billion

22/23 Budget: $2.513 billion

CURRENT BUDGET BLOWOUT: $305 million

Caulfield to Dandenong conventional signalling upgrade

Promised: $360 million

21/22 Budget: $608.1 million

CURRENT BUDGET BLOWOUT: $248.1 million

Murray Basin Rail Project

Promised: $567.7 million

22/23 Budget: $794.4 million

CURRENT BUDGET BLOWOUT: $226.7 million

Mordialloc Freeway

Promised: $300 million

22/23 Budget: $519.9 million

CURRENT BUDGET BLOWOUT: $219.9 million

Melbourne Arts Precinct

21/22 Budget: $1.409 billion

22/23 Budget: $1.572 billion

CURRENT BUDGET BLOWOUT: $163 million

Cranbourne Pakenham Line Upgrade

Promised: $407.1 million

21/22 Budget: $539.4 million

CURRENT BUDGET BLOWOUT: $132.3 million

Geelong City Deal

21/22 Budget: $292.3 million

22/23 Budget: $414.1 million

CURRENT BUDGET BLOWOUT: $121.8 million

Suburban Parks Program

21/22 Budget: $70.2 million

22/23 Budget: $191.7 million

CURRENT BUDGET BLOWOUT: $121.5 million

Royal Victorian Eye and Ear Hospital redevelopment

Promised: $201 million

22/23 Budget: $317.8 million

CURRENT BUDGET BLOWOUT: $116.8 million

Ballarat Line Upgrade

Promised: $516.7 million

21/22 Budget: $631.1 million

CURRENT BUDGET BLOWOUT: $114.4 million

Regional Rail Revival (Gippsland Line)

Promised: $433.9 million

22/23 Budget: $531.3 million

CURRENT BUDGET BLOWOUT: $97.4 million

School projects

21/22 Budget: $912.3 million

22/23 Budget: $999.9 million

CURRENT BUDGET BLOWOUT: $87.6 million

Regional Rail Revival (Bendigo-Echuca Line)

Promised: $91 million

22/23 Budget: $175.3 million

CURRENT BUDGET BLOWOUT: $84.3 million

Ballarat Health Services expansion and redevelopment

Promised: $461.6 million

22/23 Budget: $541.6 million

CURRENT BUDGET BLOWOUT: $80 million (to provide energy supply to the hospital)

Hurstbridge Line Upgrade Stage 2

Promised: $530 million

22/23 Budget: $603 million

CURRENT BUDGET BLOWOUT: $73 million

Seaford (Frankston Line) Stabling Project

Promised: $187.4 million

22/23 Budget: $257.3 million

CURRENT BUDGET BLOWOUT: $69.9 million

Goulburn Valley Health redevelopment

Promised: $171.2 million

22/23 Budget: $229.3 million

CURRENT BUDGET BLOWOUT: $58.1 million

Hoddle Street Upgrade

Promised: $60 million

21/22 Budget: $108.6 million

CURRENT BUDGET BLOWOUT: $48.6 million

Plenty Road Upgrade – Stage 2

Promised: $103.4 million

21/22 Budget: $144.2 million

CURRENT BUDGET BLOWOUT: $40.8 million

Station Pier Capital Projects

21/22 Budget: $31.9 million

22/23 Budget: $72 million

CURRENT BUDGET BLOWOUT: $40.1 million

Kardinia Park Stadium redevelopment

Promised: $101.4 million

22/23 Budget: $141.2 million

CURRENT BUDGET BLOWOUT: $39.8 million

Regional Rail Revival (Warrnambool Line)

Promise: $114 million

Revised project cost: $214 million

22/23 Budget: $250.2 million

CURRENT BUDGET BLOWOUT: $36.2 million

O’Herns Road Upgrade

21/22 Budget: $113.7 million

22/23 Budget: $149.2 million

CURRENT BUDGET BLOWOUT: $35.5 million

Casey Hospital Expansion

Promised: $106.3 million

21/22 Budget: $139.8 million

CURRENT BUDGET BLOWOUT: $33.5 million

Yan Yean Road Upgrade

Promised: $95 million

21/22 Budget: $126 million

CURRENT BUDGET BLOWOUT: $31 million

Infringement Management and Services Reform Project (Fines Victoria)

Promised: $43 million and delivery December 2017

21/22 Budget: $63.3 million and delivery June 2020

CURRENT BUDGET BLOWOUT: $20.3 million

Optimising Transport Network Performance – Congestion Package

Promised: $82.4 million

21/22 Budget: $102.5 million

CURRENT BUDGET BLOWOUT: $20.1 million

Future emergency alert

Promised: $7.7 million

22/23 Budget: $25.9 million

CURRENT BUDGET BLOWOUT: $18.2 million

Ballarat Bus Interchange

Promised: $5 million

21/22 Budget: $22.4 million

CURRENT BUDGET BLOWOUT: $17.4 million

Establishing Support and Safety Hubs

Promised: $80.8 million

21/22 Budget: $93.2 million

CURRENT BUDGET BLOWOUT: $12.4 million

Geelong Arts Centre

Promised: $128 million

22/23 Budget: $140 million

CURRENT BUDGET BLOWOUT: $12 million

Frankston Station Upgrade

Promised: $50 million

21/22 Budget: $61.8 million

CURRENT BUDGET BLOWOUT: $11.8 million

V/Line Fleet Maintenance

Promised: $12.5 million

22/23 Budget: $23 million

CURRENT BUDGET BLOWOUT: $10.5 million

Bendigo GovHub

Promised: $16 million

21/22 Budget: $25.5 million

22/23 Budget: No figures provided

CURRENT BUDGET BLOWOUT: $9.5 million

Mount Buller Water Storage

Promised: $2.06 million

21/22 Budget: $11.3 million

CURRENT BUDGET BLOWOUT: $9.24 million

Angliss Hospital Expansion Stage 2

21/22 Budget: $103.4 million

22/23 Budget: $112 million

CURRENT BUDGET BLOWOUT: $8.6 million

St Kilda Pier

21/22 Budget: $46.4 million

22/23 Budget: $54.9 million

CURRENT BUDGET BLOWOUT: $8.5 million

Hallam Road Upgrade

Promised: $45.014 million

21/22 Budget: $53.514 million

CURRENT BUDGET BLOWOUT: $8.5 million

Strong Bridges

21/22 Budget: $35.1 million

22/23 Budget: $41.9 million

CURRENT BUDGET BLOWOUT: $6.8 million

Huntingdale Station Carpark

Promised: $4.8 million

21/22 Budget: $11.5 million

CURRENT BUDGET BLOWOUT: $6.7 million

Latrobe Valley GovHub

Promised: $3 million

21/22 Budget: $8.8 million

CURRENT BUDGET BLOWOUT: $5.8 million

Monash Medical Centre Expansion and Upgrades

Promised: $71 million

22/23 Budget: $76.3 million

CURRENT BUDGET BLOWOUT: $5.3 million

Wangaratta Health Care

Promised: $2.4 million

22/23 Budget: $7.5 million

CURRENT BUDGET BLOWOUT: $5.1 million

Ballarat GovHub

Promised: $19.3 million

22/23 Budget: $24.2 million

CURRENT BUDGET BLOWOUT: $4.9 million

Thomas Embling Hospital expansion

Promised: $19.3 million

21/22 Budget: $23.3 million

CURRENT BUDGET BLOWOUT: $4 million

Youth Justice Precincts

Promised: $56.1 million

22/23 Budget: $58.2 million

CURRENT BUDGET BLOWOUT: $2.1 million

Fire Rescue Victoria – Station alteration

21/22 Budget: $12.7 million

22/23 Budget: $14.2 million

CURRENT BUDGET BLOWOUT: $1.5 million

Youth Prevention and Recovery Care Service

Promised: $11.9 million

21/22 Budget: $12.9 million

CURRENT BUDGET BLOWOUT: $1 million

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