Anywhere but Victoria: Investors demand end to debt cycle

Detailed summary

Big investors say Victoria’s debt problem has cast a pall over the state’s reputation in capital markets, and the next government must take real action.

Three little letters spell a whole heap of pain for Ben Carroll and Jess Wilson.

While the Victorian premier and the Liberal leader continue to duke it out on the campaign trail ahead of the state’s election on November 28, investors say that whoever wins government will face a titanic task to break what’s become known in some corners of capital markets as ABV.

Opening of the article, excerpted from Australian Financial Review. To read the rest, open the article on the publisher's site.