Victorian Budget 2024/25

From cost of living relief, to schools and healthcare, road and rail – this Budget is all about helping families.

That includes our $400 School Saving Bonus, helping families pay for uniforms, camps and excursions.

And it means tripling our free Glasses for Kids program and more vouchers to cover the costs of kids’ sport.

It’s an investment that will help young Victorians be their best, while also making life that little bit easier for families.

We’re continuing to upgrade our classrooms and invest in our teachers, giving families confidence and our kids a great education.

We’re getting ready to switch on some of our biggest road and rail projects – at the same time we’re delivering the local upgrades and improvements that communities need.

We’re investing in the people, technology and tools that keep our state safe. And we’re delivering the biggest multi-year investment in our healthcare system, ever.

This is also a Budget that responds realistically to the challenges being faced here in Victoria, across Australia and around the world.

In responding to these challenges, the Government’s approach is sensible and disciplined.

Importantly, it’s an approach that will strengthen our economy – and ensure our investments are the right ones for today and tomorrow.

With this Budget, the Allan Labor Government is delivering important cost of living help.

Investing in the services and support that Victorians rely on.

And setting our state up for a strong future.

This is a Budget – and a Government – that’s helping families.

Tim Pallas

Treasurer of Victoria