State and Federal Budgets

The Victorian Chamber of Commerce and Industry has acknowledged the 2025-26 State Budget, which is primarily focused on cost of living with some offerings for business.

The Victorian Chamber’s 2025-26 State Budget Submission advocates for support for private sector-led growth aimed at steering Victoria through challenging economic times.

The 2025-26 Federal Budget has prioritised Victorian infrastructure initiatives and GST distribution but fallen short in support for small and medium businesses as recommended by the Victorian Chamber of Commerce and Industry.

The Victorian Chamber of Commerce and Industry has launched its Federal Election Platform, outlining six key reform priorities to drive economic growth, support businesses and secure Victoria’s future prosperity.  

The 2024-25 Federal Budget contains many initiatives advocated for by the Victorian Chamber of Commerce and Industry, particularly within its Future Made in Australia agenda, energy and training.

The Victorian Chamber of Commerce and Industry welcomes initiatives in the 2024-25 Federal Budget to stimulate business growth, but there are missed opportunities in the areas of tax reform, fiscal strategy to address future debt and a plan for Regional Australia.

Following the 2024-25 State Budget, Victorian Treasurer Tim Pallas revealed that the Victorian Chamber will head up an advisory committee to inform an Economic Growth Statement to be released by the Victorian Government.

The Victorian Chamber welcomes no new taxes on business in the 2024-25 State Budget, our top advocacy priority.  A ‘no frills’ Budget indicates the Government plans to live within its means, pledging responsible government spending on programs and infrastructure while addressing the State’s debt trajectory.