Allan-Flation: How the alleged $15 Billion Stolen Tax Payer Funds Are Increasing The Cost Of Living
We recently brought to light in our InLeo article on how Jacinta Allan is the Federal Labor Problem Child and we raised the alarm on corruption within Victorian Labor years ago. What came next I never anticipated and am steel reeling from the ongoing lawfare and attacks.
I was not only brandished a criminal across Australia, but I have had a number of attempts on my life which have all been recorded. I was also dragged through the courts and almost jailed and we reported on how we FOI the Victorian Government and saw how Ministers were trying to have me labelled a terrorist threat.
As all things, time tells the truth and what is now being reported across the country is my calling out of Victorian Labor for corruption was right. 15 Billion of tax payer money has allegedly been stolen by organised crime figures and government work sites were turned into drug distribution centres. Now I understand why there were attempts on my life.
Victoria’s “Big Build” infrastructure program was promoted as a transformative pipeline of projects that would modernise transport, create jobs and future proof the state’s economy. However, a 15 billion cost blowout has larger consequences not just for the coffers but impacts the cost of living nationally.
It isn't just FREE Money, it needs to be repaid
If the reported figures are accurate, this is not just a Victorian bookkeeping issue. A cost escalation of that magnitude in one of the country’s largest state economies inevitably ripples beyond state borders. It contributes to inflationary pressures, strains federal state financial arrangements and is a major fiscal failure.
Not just for a misuse of tax payer funds but because the money was loaned and as the cost exceeded initial costings by 15 Billion. It means the state had to borrow more and it will need to pay it back or more so we will via inflation. This comes at a time when Australians are already grappling with cost of living pain.
Large scale public infrastructure projects can stimulate growth, especially during economic downturns. But when spending balloons beyond forecasts, it can also overheat sectors of the economy.
Victoria’s construction sector is already operating near capacity. Labour shortages, materials constraints and supply chain disruptions have driven up costs across the board. When a government continues to inject billions of dollars into the same constrained environment, it competes with private projects for workers and resources. That competition pushes wages and material costs higher. Costs that are ultimately passed on to consumers or mum's and dad's and first home buyers.
Builders constructing homes face higher input costs. Developers factor rising expenses into apartment prices. Local councils pay more for community infrastructure. These increases don’t stay in Victoria. They contribute to national construction price indexes and feed into broader inflation data monitored by the Reserve Bank.
Reserve Bank Increases Interest Rates With More To Come
The Reserve Bank Of Australia has already raised interest rates and it is anticipated that there are more to come. Any policy settings that add upward pressure need to come under strong scrutiny. The alleged $15 billion blowout reflects poor cost control and the Victorian Labor Government mismanagement is effectively compounding the cost of living crisis for families nationwide.
Jacinta Allan, who previously served as Transport Infrastructure Minister before becoming Premier, has long been closely associated with the Big Build. Some say she has delivered generational infrastructure upgrades. However, her cost control and transparency have fallen short with reports that 15 Billion went straight into the hands of organised crime.
In politics, perception matters as much as spreadsheets. Even if some overruns can be explained by global inflation, pandemic disruptions or design changes, voters are asking why forecasts appear to have been so far off the mark.
When mega projects exceed budgets by billions, it feeds a narrative of fiscal recklessness. For a Labor government that traditionally positions itself as both pro-infrastructure and economically responsible, this presents a risk. If voters conclude that ambition has outpaced accountability, the damage may not be contained to Victoria.
Federal Labor cannot entirely distance itself from what happens in the nation’s second largest state. Opponents will inevitably use Victorian cost blowouts as evidence in national debates about debt, deficits and economic management. Drawing in the Prime Minister into a matter he did not cause.
Political brands are built over decades but can be weakened quickly. If the Big Build becomes shorthand for uncontrolled spending, national inflation it will undermine Labor’s brand not just in Victoria but other states and territories.
Jacinta Allan has no where left to go other than, out the door. Given the news, Federal Labor needs to move swiftly on Victorian Labor and place them into administration if Labor want's to save it's brand.
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