Who are the winners and losers in the 2024-25 Victorian state budget?

Premier Jacinta Allan has handed down her first budget. Find out if you ended up a winner or loser.

Are you a winner or loser in the 2024-25 Victorian state budget?

Winners

Parents with children at government schools

Parents with children at government schools and parents who are concession card holders will score a $400 bonus per child to help with education-related expenses.

Victims of family violence

Victims of family violence will be supported by $42m to more closely track alleged family violence perpetrators and $24m to boost information-sharing between frontline staff working with victims.

Teachers

Teachers will be boosted by a $140m package, which will fund flexible job-sharing arrangements and offer $63m in mental health support.

Faith-based schools

Jewish and Islam-affiliated schools can apply for $6m in grants to improve safety and security in a bid to ensure students and families feel safe.

Regional homebuyers

Regional homebuyers will benefit under a $700m extension to the Victorian Homebuyer Fund, with the cap on regional home prices to lift from $600,000 to $700,000.

Indigenous people

Indigenous people will see a $273m investment in self-determination and support, including $51m for Indigenous students at school.

TAFE students

TAFE students will be able to continue enrolling in more than 80 free courses under a $394m boost to vocational training and TAFE.

Female business owners

Female business owners will be championed under a $40m package for the female start-up community.

Losers

Future generations

Future generations are likely to be paying off the state’s debt for decades to come, as net debt is forecast to rise to a whopping $187.8bn in 2027-28.

Casual workers

Casual workers will no longer be eligible to access five days of sick pay after the pilot program was scrapped.

Travellers

Travellers will be unable to catch a train to and from the airport for likely a decade at least, after the $10bn Airport Rail Link was shelved for at least four years.

Parents with babies and toddlers

Parents with babies and toddlers will be impacted as the rollout of 50 government-owned childcare centres and 30 hours of funded pre-prep programs slows down.

Future homebuyers

Future homebuyers will be unable to rely on the Victorian Homebuyer Fund as it replaced with a federal scheme that, in its mooted format, would likely assist fewer people.

Ratepayers

Ratepayers will have to fork out more as the state’s fire services property levy increases.

Cyber criminals

Cyber criminals will face a crackdown as an extra $34m is poured into combating online fraud, including the creation of a new cyber security centre.

Mental health patients

Mental health patients will be worse off after 35 new mental health and wellbeing clinics were delayed.

Originally published as Who are the winners and losers in the 2024-25 Victorian state budget?