It’s the right Budget for the right time: responsible, practical – and focused on what matters most to Victorians.
It’s a Budget – delivered by a Government – that’s on Victorians’ side.
We know that many families are under real pressure.
The cost of living is making it harder to pay the bills and cover the groceries. Get the kids to school, or see a doctor.
It’s why with this Budget, we’re delivering real help for working people and their families.
That means making public transport free for under 18s.
Making it cheaper and easier to get care without a visit to the GP.
Delivering a $100 Power Saving Bonus – for those who need it most.
And delivering more support for food relief organisations – to help those doing it hardest.
With this Budget, we’re also investing in the services that matter most to families.
That means investing in our hospitals, so every family can get the care they need, when they need it.
Investing in our schools, so every child can get a great education, no matter where they live.
Investing to continue building and improving our road and rail, so every Victorian can spend more time at home, and less time stuck in traffic.
And investing to keep communities safe.
We’ve been able to achieve all this and more, because of our responsible choices.
This Budget continues our commitment to driving down spend on inefficient and non-priority programs.
And in return, delivering record cost of living relief and more investment in frontline services.
This Budget also delivers an operating surplus – the first since before the pandemic.
Net debt will also reduce compared to Budget Update, declining as a proportion of the economy by the end of the forward estimates.
These fiscal results and our economic plan will help to ensure Victoria’s economy continues to grow strongly and creates good secure jobs.
From real cost of living help, more investment in frontline services, and a growing economy: this Budget is focused on what matters most.
Jaclyn Symes MP
Treasurer
Minister for Industrial Relations
Minister for Regional Development
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