Reactions to Victoria's 2022/23 budget

·2-min read

WHAT WAS SAID ABOUT THE 2022/23 VICTORIAN BUDGET:

STATE OPPOSITION

"Every dollar wasted on Daniel Andrews' big build blowouts is one dollar less to rebuild our state's health system." - Opposition Leader Matthew Guy

VICTORIAN GREENS

"This budget was a crucial opportunity for the government to support those facing housing insecurity and homelessness and find ways of raising money to build new public homes, and they dropped the ball by not reintroducing the social housing levy." - Greens leader Samantha Ratnam

RATINGS AGENCIES

"Despite the underlying strength of the Victorian and broader Australian economy, we expect Victoria's debt burden will not stabilise before the end of fiscal 2027, further increasing negative pressure on the state's rating." - Moody's Investors Services vice president John Manning

"While no new major infrastructure projects were announced in today's budget, an already packed pipeline means debt levels continue to rise, reflecting large and persistent after-capital account deficits. We consequently believe Victoria's fiscal repair will be gradual." - S&P Global Ratings analyst Rebecca Hrvatin

BUSINESS AND INDUSTRY

"This budget is all about the three Ps: patients, participation and provincial. This is an election budget which delivers a major investment in health, education, skills, industry development and regional Victoria." - Victorian Chamber of Commerce and Industry chief executive Paul Guerra

UNIONS

"Mainstreaming Victoria's trailblazing nursing and midwifery student employment model is a smart investment and will build and strengthen our workforce capacity in the short- and longer-term." - Australian Nursing and Midwifery Federation Victorian branch secretary Lisa Fitzpatrick

SOCIAL WELFARE

"The government has failed to seize the opportunity to consolidate the success of From Homelessness to a Home, which effectively halved Victoria's rates of rough sleeping." - Council to Homeless Persons chief executive Jenny Smith

"This budget doesn't have the big spending initiatives of recent years, and actually cuts funding in some program areas." Victorian Council of Social Service chief executive Emma King

ENVIRONMENT

"This budget continues the vital task of cutting greenhouse pollution and positioning Victoria to embrace the economic and job opportunities that come with climate action. At the same time, it leaves unaddressed the growing extinction threat to our unique native plants and animals." - Environment Victoria chief executive Jono La Nauze

TOURISM

"With nearly $465 million of investment targeted at driving demand and building profile for Victoria in key markets, this budget is a strong endorsement by the government of the vital role Victoria's visitor economy will play in our state's recovery. The missing plank in all of this, however, is the urgent jobs crisis crippling our industry and impeding recovery." - Victoria Tourism Industry Council chief executive Felicia Mariani.

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