Jul 31, 2026 – 4.00pmThis week, after more than 1000 days under the command of Jacinta Allan, the crew of the good ship State of Victoria mutinied, handing over the helm to former First Mate, Ben Carroll – in the hope that the ship’s owners, the people of Victoria, won’t choose to replace the entire crew when they undertake their quadrennial performance review later this year.Captain Carroll’s first words, upon being given the keys to the bridge, were to make it clear that he would chart a different course from his two predecessors. What might that course look like?Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Saul EslakeContributorSaul Eslake is former chief economist of ANZ Bank and of Bank of America Merrill Lynch in Australia, and is now principal of Corinna Economic Advisory based in Hobart.Fetching latest articles
How to fix Victoria (in four charts), and you can forget higher taxes
Higher taxes won’t save the state – it already taxes more than almost anywhere else. Fixes must start with cutting $7 billion in excess spending.
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