Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - AU
The Guardian - AU
National
Benita Kolovos and Patrick Commins

Victoria state budget 2025: treasurer uses public service cuts and GST windfall to fund cash splash

Victorian treasurer Jaclyn Symes delivers the budget speech
Victorian treasurer Jaclyn Symes has delivered her first budget, which includes a $600m operating surplus for 2025-26. Photograph: James Ross/AAP

The Victorian treasurer has used a GST windfall and $3.3bn in cost savings – including cutting swathes of public sector jobs – to fund a cash splash pitched at families in her first budget.

The 2025-26 budget, handed down on Tuesday, includes an additional $11.1bn for health, $2bn in early childhood education, $1.5bn for new and upgraded schools and $2.3bn in cost-of-living measures, including the already-announced $320m plan to provide free public transport for under-18s.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.