2024-2025 Budget Summary

One Gippsland’s Pre Budget priorities to both State and Federal Government advocated for increased investment across six priority areas of:

●      Transport and Freight;

●      Offshore Wind and New Energy;

●      Tourism Recovery;

●      Education;

●      Health and Wellbeing; and

●      Digital Connectivity.

The 2024-2025 Federal and State budgets contained funding for One Gippsland projects and a number of programs and initiatives that aligned with the region’s priorities.

Federal budget

Roads

●      $500 million: for Roads to Recovery per year in funding taking this to $1 billion per year (already announced);

●      $200 million: Safer Roads Program for bridge renewal, betterment and broader safety improvement: and

●      $150 million: for the blackspots road program.

Rail

●      $290.1 million: for Gippsland Rail Line Upgrade.

Education

●      $88 million: to grow the pipeline of construction workers through 20,000 additional fee-free TAFE; and 

●      $91.0 million: over five years to help skill the new energy workforce for the transition to Net Zero.

State budget

Roads

●      $62 Million: for road upgrades:

−       Princes Highway East at Myrtlebank;

−       Princes Highway East at Drouin Warragul, Hermes Oak and Morwell; and

−       Sale Alternative Truck Route.

●      $964 million: for road maintenance across the state.

Tourism

●      $3.2 million over four years to acquire lots at Ninety Mile Beach to grow the Gippsland Lakes Coastal Park and ensure greater protection of coastal land.

●      $33 million: to continue marketing Victoria as a leading tourism and events destination; and

●      $4.5 million: for the Victorian Festivals Fund, further strengthening our state’s events calendar.

Tafe

●      $394 million: to boost access to vocational training and Free TAFE across the state.

Sporting

●      $500 million: for the Gippsland sports package for the Gippsland Regional Indoor Sports Stadium, Gippsland Sports and Entertainment Park, Ted Summerton Reserve and Morwell Gun Club.

Where national or state packages of funding have been announced One Gippsland will be working with our members to ensure the region gets its fair share of funding.