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Victoria Public Sector Racks up $50.6 Billion in Deficits Over 6 Years

Victoria’s operating expenses increased by $6.7 billion in the 2025 financial year.
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Victoria Public Sector Racks up $50.6 Billion in Deficits Over 6 Years
Victorian Premier Jacinta Allan speaks to media during a press conference in Melbourne, Australia, on Nov. 14, 2025. AAP Image/James Ross
Monica O’Shea
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Victoria’s public sector has amassed $50.6 billion (US$32.7 billion) in deficits over the past six years, according to the auditor-general.

The Allan Labor government’s income increased by $8.3 billion from higher taxes and federal grants, but still recorded an operating loss in the 2025 financial year.

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Monica O’Shea
Monica O’Shea
Author
Monica O’Shea is a reporter based in Australia. She previously worked as a reporter for Motley Fool Australia, Daily Mail Australia, and Fairfax Regional Media. She can be reached at monica.o'[email protected]