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Victorian State Budget 2023/24

Further boosting regional jobs and economies

Big sporting events bring Victorians together, drive local jobs, and boost our state's economy.

Person in a work room holding a drill

And there's no better place to hold the 2026 Commonwealth Games than Victoria – the home of Australian sport.

In last year's Budget, we kickstarted investment in the Games to deliver the jobs, housing and economic boost regional Victoria needs.

And with the 2026 Commonwealth Games, we'll be showcasing regional Victoria to the world – because it has so much to offer.

This Budget will keep helping regional economies thrive, supporting and creating local jobs across the state, with:

  • $21 million to support a major redevelopment of the Bendigo Art Gallery for the community to access more free and collection‑based exhibitions and displays, encouraging growth in tourism.
  • $7.3 million to deliver place‑based economic and community development through the Latrobe Valley Authority, and continue the Ladder Step Up and Inclusive Employment Worker Transition programs.
  • $6 million to support the delivery of planning works and infrastructure in the Bendigo Regional Employment Precinct.

Proud tiny towns across the state are part of what makes Victoria great. We’ll back local projects and organisations to deliver better public places and spaces, providing the facilities local families and residents need and want in their communities. A new $10 million Tiny Towns Fund will provide local grants from $5,000 up to $50,000 to help our tiny towns shine, available to communities of up to 5,000 people.

Reviewed 19 May 2023


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