Photos representing 2003-04 Victorian Budget2003-04 Victorian Budget
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Treasurer’s Message


The 2003-04 Budget makes the fair and responsible decisions necessary to secure Victoria’s future.

It is being delivered against the backdrop of some of the most challenging circumstances in years, with continuing global uncertainty, the drought, recent bushfires and the impact of public transport privatisation adding pressure to the State’s finances.

Despite these pressures, the Government continues to deliver responsible financial management and maintain a substantial budget surplus, while investing in the key drivers of growth: education, innovation and infrastructure.

As a result of the Government’s prudent financial management, the Victorian economy has proved resilient and robust, with strong performance in jobs growth, business investment and domestic demand.

This budget now gets on with the job of continuing decent and responsible government and meeting the challenges facing the State – to ensure all Victorians have the opportunity to be part of a strong and prosperous State.


JOHN BRUMBY MP
Treasurer



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