As a first minister’s department, we will continue to protect and advance Victoria’s interests through sophisticated policy development, advocacy and implementation throughout the period covered by our Corporate Plan, from 2025 to 2029. We will collaborate with other government departments and agencies to support the Victorian Government in implementing strategic programs that benefit the Victorian community.
The 2025–26 Budget is a fiscally responsible budget with a focus on frontline services, including quality healthcare, community safety and addressing cost-of-living pressures. It also continues to deliver on the Government’s five-step fiscal strategy.
The 2025–26 Budget also includes carefully targeted savings decisions that will reduce inefficient and non-priority spending.
Wages in Victoria are expected to grow faster than inflation from 2024–25, leading to real wages growth over the budget and forward estimates. However, there remains risks to the Victorian economy, including global risks around trade policy and broader geopolitical conditions.
DPC remains committed to navigating these economic and social challenges and is focused on supporting the Victorian Government’s priorities of improving financial sustainability, managing economic pressures and ensuring Victorians have the opportunity to prosper.
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