Insiders warn Victoria's debt means the state can't afford holographic ...

Victoria’s bulging debt means the Allan government is unlikely to be able to afford the tens of millions of dollars needed to secure the blockbuster ABBA Voyage production, in a sign Labor may finally be constraining spending in the state.

Labor insiders confirmed to The Australian Financial Review that despite enthusiasm for the holographic concert, which is turning over $3 million a week in London, the promoter’s demand for the Victorian government to provide up to a third of the estimated $100 million cost to host it in Melbourne was proving a bridge too far.