Victoria's belief it would get $1.45 billion in federal top-up funds for leasing Melbourne's port was "wilful misunderstanding", Treasurer Scott Morrison says

The port lease sold for $9.7 billion and the state expected to get a 15 per cent top-up from the federal government’s asset recycling initiative to put into level crossing removals. But instead the state will only get $877 million to spend mainly on the Melbourne Metro Rail project. Mr…