Victoria’s major parties look to contingency funds as part of election commitment costings

Both Labor and the Coalition claim they could achieve forecast surpluses after releasing their costings

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Victoria's major parties have released the costings of their promises - despite the Coalition initially being unable to quantify the total amount committed and Labor's document not providing timelines to provide major health and transport projects.

Less than two days out from Saturday's election, the parties have also revealed they intend to draw on contingency funds - which are usually set aside to cover unforeseen circumstances - in order to prop up the state's finances and achieve budget surpluses.

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