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Victorian State Budget 2023/24

Budget papers

2023/24 State Budget papers.

Budget Paper 1: Treasurer's Speech

Budget Paper 1 is the speech the Treasurer gives to outline the Budget to Parliament and Victorians. It presents the Appropriation Bills to Parliament.

Budget Paper 1: Treasurer's SpeechExternal Link (PDF, 601 KB)

Budget Paper 1: Treasurer's SpeechExternal Link (DOC, 138 KB)

Budget Paper 2: Strategy and Outlook

Budget Paper 2 outlines the State's current and expected economic and financial performance and outlines the Government's fiscal and economic strategy. It provides an economic and fiscal overview, and describes the Budget position and outlook for the general government sector as well as the broader public sector.

Budget Paper 2: Strategy and OutlookExternal Link (PDF, 1.5 MB)

Budget Paper 2: Strategy and OutlookExternal Link (DOC, 482 KB)

Budget Paper 3: Service Delivery

Budget Paper 3 provides an overview of the goods and services funded by the Government and delivered by departments, and how these support the Government's strategic objectives. It outlines the Government's priorities for the services it provides and sets out the costs of the services for Victorians. It includes a breakdown of all output funding with associated performance targets.

Budget Paper 3: Service DeliveryExternal Link (PDF, 3.7 MB)

Budget Paper 3: Service DeliveryExternal Link (DOC, 1.1 MB)

Budget Paper 4: State Capital Program

Budget Paper 4 describes the Victorian Government's asset investment program.

It provides an overview of the investments that departments and government-controlled entities will deliver in the coming financial year. It also includes capital programs and projects currently underway or in progress, and lists projects expected to be completed in the coming year.

Budget Paper 4: State Capital ProgramExternal Link (PDF, 2.2 MB)

Budget Paper 4: State Capital ProgramExternal Link (DOC, 580 KB)

Budget Paper 5: Statement of Finances

Budget Paper 5 provides the financial details of the aggregated Victorian general government sector and the broader Victorian public sector. In addition to the estimated financial statements and notes to the accounts, it includes the supplementary uniform presentation framework tables, with chapters on state revenue, tax expenditure and concessions, contingent assets and liabilities and the public account.

Budget Paper 5: Statement of FinancesExternal Link (PDF, 3.4 MB)

Budget Paper 5: Statement of FinancesExternal Link (DOC, 3.5 MB)

Budget Overview

The Budget Overview summarises the State's economic and fiscal outlook, and the Government's strategic priorities and objectives. It contains the Treasurer's message, information about the Government's investments and plain-English summaries of Budget decisions.

Budget OverviewExternal Link (PDF, 6.4 MB)

Budget OverviewExternal Link (DOC, 115 KB)

Budget Information Paper: Gender Equality Budget Statement

The Victorian Budget 2022/23 includes a range of initiatives demonstrating the Victorian Government’s commitment to equality for all Victorians.

Gender Equality Budget StatementExternal Link (PDF, 4.1 MB)

Gender Equality Budget StatementExternal Link (DOC, 240 KB)

Budget Information Paper: COVID Debt Repayment Plan

To help pay off the debt and accumulating interest incurred as a direct result of the pandemic, we’re introducing a new COVID Debt Repayment Plan. It builds on the work of the Victorian Future Fund (VFF), introduced in last year’s Budget, to help manage the COVID debt.

COVID Debt Repayment PlanExternal Link (PDF, 1.4 MB)

COVID Debt Repayment PlanExternal Link (DOC, 420 KB)

Media releases

Media releases from the Victorian Budget 2023/24 are available on the Department of Treasury and Finance websiteExternal Link .

Reviewed 23 May 2023

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