VICTORIAN BUDGET 2023/24 FORECASTS:
Net operating result: $4 billion deficit in 2023/24, $1.2b surplus in 2026/27
Revenue: $89.3b in 2023/24, $99.9b in 2026/27
Total expenditure: $93.3b in 2023/24
Net debt: $135.4b in 2023/24, $171.4b in 2026/27
Interest repayments: $5.6b in 2023/24, $8b in 2026/27
Total tax revenue: $35.3b in 2023/24, $40.4b in 2026/27
Land tax revenue: $6.1b in 2023/24
Land transfer duty revenue: $7.4b in 2023/24
Payroll tax revenue: $8b in 2023/24
Mental health levy revenue: $912 million in 2023/24
COVID-19 debt levy: $2b in 2023/24, $2.3b in 2026/27
Gambling tax revenue: $2.6b in 2023/24
Motor vehicle tax revenue: $3.4b in 2023/24
Insurance tax revenue: $2b in 2023/24
Infrastructure investment: $27.1b in 2023/24
Employee expenses: $35.3b in 2023/24
Unemployment: 4.25 per cent in 2023/24
Gross state product: 1.5 per cent increase in 2023/24
