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Victorian budget

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Victorian budget 2024 LIVE updates: Cuts, delays, taxes revealed as treasurer hands down state budget

Victorian budget 2024 LIVE updates: Cuts, delays, taxes revealed as treasurer hands down state budget

The Victorian treasurer will deliver his 10th budget which both he and Premier Jacinta Allan have pressed will be “sensible and disciplined” amid burgeoning state debt.

  • by Alex Crowe

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The Victorian budget in six graphs
Analysis
Analysis

The Victorian budget in six graphs

These graphs break down expected sources of tax revenue, whether the budget will be in deficit over the coming years and the scale of Victoria’s debt. 

  • by Craig Butt
The three-minute budget: Everything you need to know

The three-minute budget: Everything you need to know

Find out what will affect you most in this year’s Victorian budget.

  • by Broede Carmody
Sense, sensibility and spiralling debt: The boastful tweet that is no longer fit for purpose
Analysis
Analysis

Sense, sensibility and spiralling debt: The boastful tweet that is no longer fit for purpose

Soft tacos or crunchy tacos? We have to choose because Victoria can’t have both - despite promises from now-departed premier Daniel Andrews.

  • by Annika Smethurst
First home buyers grant scrapped in Victoria

First home buyers grant scrapped in Victoria

A shared equity scheme that has helped thousands of Victorians buy a home will be ended next year, replaced by a pledged national scheme that hasn’t passed parliament.

  • by Adam Carey
Arden hospitals ditched due to Metro Tunnel electromagnetic interference

Arden hospitals ditched due to Metro Tunnel electromagnetic interference

Interference from the new Metro Tunnel station at Arden has forced the Victorian government to ditch a $5 billion plan to build new hospital campuses there.

  • by Aisha Dow and Cara Waters
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Cuts, delays and taxes in bad news budget that fails to rein in debt

Cuts, delays and taxes in bad news budget that fails to rein in debt

Treasurer Tim Pallas’ 10th budget includes payments of $400 per child for the families of children in Victorian public schools. But it’s the only bit of good news in a budget that leaves Victoria with a $25 million-a-day interest bill.

  • by Annika Smethurst and Kieran Rooney
What is the School Saving Bonus and who will benefit?

What is the School Saving Bonus and who will benefit?

The Victorian government has announced new cost-of-living support measures for families with school children.

  • by Robyn Grace
Relief for struggling families but Victoria’s crushing debt burden to rise

Relief for struggling families but Victoria’s crushing debt burden to rise

Support for parents of school children and housing affordability will be priorities in a state budget that will show Victoria’s net debt hitting a new peak.

  • by Annika Smethurst, Kieran Rooney and Rachel Eddie
Road projects such as Western Freeway upgrade in doubt on state budget eve
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Roads

Road projects such as Western Freeway upgrade in doubt on state budget eve

An Albanese government commitment to return funding for nationally significant roads to 50:50 splits between both levels of government has thrown doubt over timelines for Victorian projects not yet underway.

  • by Kieran Rooney and Broede Carmody
Water retailers pleaded to borrow $36.5 million extra in debt blowout
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Victoria

Water retailers pleaded to borrow $36.5 million extra in debt blowout

Floods and infrastructure costs forced four water retailers in regional Victoria to ask the state government to increase their borrowing limits.

  • by Rachel Eddie