2021-22 State Budget

The 2021-22 State Budget was delivered on Thursday 20 May 2021. The Budget papers are split into five sections and are supported by Budget Information Papers (BIPs).

Treasurer’s Speech

Budget Paper No. 1: Treasurer’s Speech commends the Appropriation Bills to Parliament and outlines the budget to Parliament and Victorians.

It commends the Appropriation Bills to Parliament and provides the Treasurer with an opportunity to outline the budget to Parliament and Victorians.

2021-22 State Budget - Treasurer's Speech (PDF, 16 pages, 531KB)

2021-22 State Budget - Treasurer's Speech (Word, 13 pages, 88KB)

Strategy and Outlook

Budget Paper No. 2: Strategy and Outlook 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.

2021-22 State Budget - Strategy and Outlook (PDF, 106 pages, 2.14MB)

2021-22 State Budget - Strategy and Outlook (Word, 101 pages, 1.68MB)

Service Delivery

Budget Paper No. 3: Service Delivery provides an overview of the goods and services funded by the Government. It also details how these are 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.

2021-22 State Budget - Service Delivery (PDF, 421 pages, 3.2MB)

2021-22 State Budget - Service Delivery (Word, 413 pages, 4.4MB)

State Capital Program

Budget Paper No. 4: State Capital Program, 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 under way or in progress, and lists projects expected to be completed in the coming year.

2021-22 State Budget - State Capital Program (PDF, 237 pages, 2.03MB)

2021-22 State Budget - State Capital Program (Word, 233 pages, 709KB)

Statement of Finances

Budget Paper No. 5: Statement of Finances (including Quarterly Financial Report No. 3) 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.

2021-22 State Budget - Statement of Finances (PDF, 281 pages, 4.25MB)

2021-22 State Budget - Statement of Finances (Word, 278 pages, 2.51MB)

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.

2021-22 State Budget - Budget Overview (PDF, 64 pages, 2.34MB)

2021-22 State Budget - Budget Overview (PDF, 54 pages, 130MB)

Suburban Budget Information Paper

The Suburban Budget Information Paper summarises the Government’s priorities for suburban Victoria, including projects in jobs, education, health, emergency services and infrastructure investment.

2021-22 State Budget - Suburban (PDF, 36 pages, 1.48MB)

2021-22 State Budget - Suburban (Word, 33 pages, 84KB)

Rural and Regional Budget Information Paper

The Rural and Regional Budget Information Paper summarises the Government’s priorities for rural and regional Victoria, including projects in jobs, education, health, emergency services and infrastructure investment.

2021-22 State Budget - Rural and Regional (PDF, 36 pages, 1.41MB)

2021-22 State Budget - Rural and Regional (Word, 30 pages, 81KB)

Gender Equality Budget Statement

The 2021-22 State Budget includes a range of initiatives demonstrating the Victorian Government’s commitment to equality for all Victorians.

2021-22 State Budget - Gender Equality Budget Statement (PDF, 16 pages, 651KB)

2021-22 State Budget - Gender Equality Budget Statement (Word, 12 pages, 68KB)

Budget Update

Each year, the Victorian Government produces a mid-cycle review of the annual State Budget.

The Budget Update provides revised estimated financial statements relative to the previous Budget, including the projected outcome for the end of the current financial year and revised estimates for the forward years.

The 2021-22 Budget Update was released by the Treasurer on 10 December 2021.

2021-22 Budget Update (PDF 2.14 MB)

2021-22 Budget Update (WORD 1.24 MB)

Budget media releases

Media releases from the 2021-22 State Budget.

Creating jobs and caring for Victorians

Building our mental health system from the ground up

Building a better Victoria, backing our economy

Supporting Victorian businesses, home buyers and mental health

Creating jobs and caring for regional Victorians

Supporting 3,000 jobs: Building our mental health workforce

Better mental health care for regional Victoria

More mental health support for children and young people

Helping families support a loved one’s mental health

Lived experience at the heart of our mental health system

Providing early care for Victorians, closer to home

Emergency mental health care – for when it’s needed most

Transforming the system for our most vulnerable kids

Training for the job you want: New skills authority

Delivering lasting change with aboriginal communities

Building world-class hospitals Victorians can rely on

Helping our health system recover from coronavirus

Victoria’s Big Build continues to back our recovery

Building the transport network and jobs of the future

Building a bright future for Victorian kids

Best start in life: Statewide three-year-old kinder

Supporting our kids to be healthy and happy

Driving recovery through industry, tourism and sport

Supporting rural and regional Victoria’s recovery

Saving lives – and creating jobs

Creative state future to be bolder and brighter

More support to cement Victoria’s resources boom

Planning our state’s recovery

Ports, freight, fishing and boating to boost economy

Stronger, safer services for Victorians

Putting the safety of Victorian women and children first

Supporting more Victorians into a stable home

Keeping people connected and included as we recover

Better outcomes for victims and young people

Fairer, more responsive justice for all Victorians

Supporting first responders to keep Victorians safe

Building strong local communities for all Victorians

Backing grassroots sport and a level playing field

Supporting and honouring Victorian veterans

Celebrating and supporting all LGBTIQ+ Victorians

Building stronger communities across the state

Keeping our waterways healthy and protecting local jobs

Boosting Our Natural Environment And Bushfire Readiness

Reviewed 27/08/2024
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