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 ImagesVictorian 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.
Victorias Debt Set to Hit $165 Billion This YearHeres What the Budget Reveals
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