Sunday, 24 August 2008

Corruption hurts state investment: Victorian Opposition Leader Ted Baillieu

Read More Here: "CORRUPTION was damaging Victoria's ability to attract economic investment after a series of scandals involving government contracts, Brimbank Council and the racing industry, Opposition Leader Ted Baillieu said yesterday.

'The reputation that Victoria has had … (for) good government is important as part of our competitive edge, and if that erodes, then we're throwing away a vital opportunity to attract more investment.'

It is the first time Mr Baillieu has explicitly linked graft allegations with economic performance, and it came as he said the Government's inaction had contributed to the decline in manufacturing.

Mr Baillieu is pushing for Victoria to form an independent anti-corruption commission.

'In a little over 12 months, we've seen extraordinary allegations of corruption in the police force, in local government, and corruption in the racing industry,' he said."

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