No shocks from 2025/26 Victorian Budget in Australia | Oxford Economics Skip to content Victoria’s investment pipeline remains modest, with major project funding increasingly reliant on Federal contributions. There was not much to note in the 2025/26 Victorian Budget, which does little to shift the outlook for building and civil engineering construction in the state. Victoria currently has the biggest relative debt load of the major states. This is limiting its ability to press ahead on major new investments, with some of the larger announcements in this budget having a Federal co-funding component. Outside of new and upgraded stations as part of the $4 billion Sunshine Station Transport Superhub and the prison bed expansion program, there were few big-ticket reveals for building. Instead, most of the flagged project funding was to enable the completion of already underway developments (particularly hospitals), or for early stage enabling works on already announced projects, such as the New Royal Melbourne Hospital at Parkville. Chart 1: A decline in store for Victorian government infrastructure investment You might also be interested in This report was brought to you by THE CONSTRUCTION and infrastructure team. Comprehensive construction services for decision-makers who want to understand key drivers and trends in the construction and engineering industry, at a global and local level. Unlock the power of economics Select to close video modal Select to close video modal Play Video Select to play video Share Services you might be interested in X Close symbol/arrow LEFTsymbol/arrow RIGHTPathFill 1Combined Shapeicon-arrow-lefticon-arrow-rightPathRectanglePathicon calendarPathPathicon-circle-playClose IconEmailShapeExternal iconFacebookInstagramLinkedInShapeicon-mouseTelephoneShapeicon-pinterestPlay iconProfile icon??PathShapeFill 1IconPathicon-twitterWe Chaticon-youtubeLogo_OxEc Source link You Might Also Like Srushti & Nikita’s Inspiring Journey August 28, 2025 A potentially dangerous Request.Path value was detected from the client (?). September 25, 2025 Go-ahead for preparatory works on £10bn Northumberland data centre August 27, 2025
