Melbourne city council feasts as CBD dies

Advertisement

While Melbourne’s CBD experiences a slow death, Melbourne City Council (MCC) has awarded itself fat pay increases to its army of bureaucrats, according to its draft budget:

  • MCC’s wages bill will jump by more than $18 million this year.
  • Ratepayers will pay about $180.2 million for employee costs in 2021-22, up around 11% on the previous year.
  • MCC’s wage bill will blow out to nearly $194 million within three years.
  • An extra 107 staff will be hired over the next year for a total of 1494.
  • The average annual cost per staff member will be $120,480.
  • Ratepayers Victoria is furious describing the pay rises as “tone deaf” and “out of touch”.
  • Ratepayers Victoria president Dean Hurlston said there was no reason to increase staffing levels and costs: Ratepayers Victoria president Dean Hurlston said there was no reason to increase staffing levels and costs.

I have only been into the CBD twice since COVID hit (in April and May) and it was depressing. The city felt dirty, smelt of urine, and was littered with homeless on nearly every corner.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.