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Victorian State Budget 2023/24
Two women in high-vis walking in a tunnel

Doing What Matters

This Budget builds on the Government’s record of delivering for all Victorians.

Premier Daniel Andrews photo

Premier’s message

Last year, we put forward a positive plan to remove level crossings and build the hospitals, schools, public transport and roads that we need now, and for the future.

With this Budget we're starting work on every single one of our election commitments, all while paying down our COVID debt.

They're the things that matter, and we're getting on with it.

Watch the Premier's message

Cost of living relief for Victorians

Across the world, countries are grappling with high inflation. We’re delivering real relief with the $250 Power Saving Bonus, cheaper V/Line and Free Kinder.

Investing in regional Victoria

Regional Victoria is booming. This Budget invests $5 billion in schools, hospitals, cheaper public transport and jobs across our regions.

Healthcare: Where and when you need it

Health systems around the world were hit hard by the pandemic, and ours was no different. But we’re investing in our hospitals and our healthcare workers so Victorians can get the very best care.

Bringing back the SEC

Victorians remember the State Electricity Commission. It meant a fair deal on your power bills, and good stable jobs. We’re bringing it back, with a $1 billion investment to build new renewables.
Tim Pallas - Treasurer

Treasurer’s message

This Budget builds on the Government’s record of delivering for all Victorians.

It's a Budget that plans for hospitals and delivers the healthcare that keep us well – and it furthers our commitment to building Victoria’s mental health system.

Read the Treasurer's message

Reviewed 23 May 2023

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