Support for struggling families will be a focus of the 2024 state budget, with the premier pointing out the pressure interest rate rises and inflation have had on the state’s bottom line.
Treasurer Tim Pallas will deliver his 10th state budget about 1pm today, in what is expected to be a no-frills affair.
No pre-budget announcements were unveiled until this morning, with the state government remaining tight-lipped for a second consecutive year.
Premier Jacinta Allan, who is overseeing her first budget since succeeding Daniel Andrews in September, said it would focus on Victorian families and demonstrate “sensible and disciplined” decisions.
“It’s been a budget that’s been challenging to put together … in a domestic and global environment that faces many, many pressures,” she told reporters on Monday.
“Whether it’s the inflationary and interest rate pressures, the pressures of workforce shortages and what that means for project and service delivery, also too the global unrest, the ongoing impact of the pandemic.
“We simply can’t put our heads in the sand and ignore these circumstances as we have putting this budget together.”
With AAP
Source Agencies