Victoria s budget billions 20150504 p5t4tr.html – Breaking News & Latest Updates 2026
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This was published 11 years ago

Victoria's budget billions

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VICTORIA'S BUDGET BILLIONS

VIC BUDGET PLEDGES SO FAR:

* $1.5 billion for planning the Melbourne Metro Rail

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* $1.3 billion for widening the Tullamarine Freeway

* $2 billion over 10 years for new trains and trams

* $11.5 million to upgrade country police radios

* $55.4 million for Victorian State Library upgrades

* $25 million for dealing with youth radicalisation

* $80 million to attract new major events

* $5 million to crack down on illegal puppy farms

* $8.1 million for new video conferencing at court

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* $900,000 for security cameras for women at risk of family violence

PROMISES:

* $3.3 billion in new recurrent expenditure

* $6.78 billion in capital works

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* Removal of 20 level crossings in Labor's first four-year term

* $510 million to rebuild government schools

* $320 million to help TAFEs

* $15.5 million for school uniforms

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* $13.5 million for school breakfast clubs

* 400 custody officers to oversee police cells

PROPOSED SURPLUS:

* $1.2 billion in 2015/16

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* $1.4 billion in 2016/17

* $1.4 billion in 2017/18

* $1.8 billion in 2018/19

PROPOSED SAVINGS:

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* $334 million in savings over four years

* $279 million from foreign homebuyers over four years

* $52.2 million from a land tax surcharge

* Cuts to taxpayer funded advertising

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* $40 million saved cutting executive officers in public service

* $29.6 million saved in reduced use of labour hire firms.

(Source: Victorian government)

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