This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact The Epoch Times Reprints.
Victoria Treasurer Jaclyn Symes presents the Victorian Budget papers to the media during the state's budget media lockup in Melbourne, Australia on May 5, 2026. Asanka Ratnayake/Getty Images
Victorian Treasurer Jaclyn Symes has delivered the state’s final budget before the 2026 election forecasting a net debt of $165.3 billion in June 2026.
The budget’s Statement of Finances revealed Australia’s second most-populous state’s debt is on track to reach $175.6 billion by June 2027, and a predicted $199.3 billion by 2030.
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]
