Budget 2026/27

This Victorian Government Budget is all about making life easier, safer and more affordable.

Donald Trump’s war in the Middle East is driving up fuel prices and putting more pressure on household budgets, following 2 interest rate rises in early 2026 and rising inflation across the nation.

Global economic uncertainty and the rising cost of inflation are creating pressures across the Victorian and Australian economy – particularly for everyday workers and businesses. But Victoria is in a strong position to weather these headwinds.

The sustained economic growth that Victoria has had over the last decade – and the new jobs, businesses and investments that it represents – is a testament to the state’s economic resiliency.

The Victorian Government’s responsible approach to budget management means we’re firmly on track to deliver on our 5-step fiscal strategy.

Victoria’s major projects are helping to make life easier, safer and more affordable for Victorians.