Published on 25 May 2021

Victoria State Budget 2021-22

Carers Victoria is pleased to see that “Caring for Victorians” is a headline from the Victorian Government’s 2021-22 budget. We welcome the focus on wellbeing and early intervention.

We look forward to partnering with government and departments to ensure implementation will benefit the over 700,000 Victorians who are carers.

The following are some key initiatives in this budget.

Mental Health:

  • The first of a ten-year program to rebuild the system. Exciting to see $93 million to provide dedicated support for families and carers.
  • Of this, $54.5 million will be for eight family and carer led centres across the state by end of 2022. We look forward these centres focusing on the mental health of all carers.

Education:

  • A $383.8 million investment in skills, training and higher education. This includes an investment of $88.8 million to provide subsidised VET courses to eligible students.

Housing:

  • $193 million to support people experiencing or at risk of homelessness, including $110 million for the Private Rental Assistance Program.

Financial services:

  • $14.6 million for ‘Good Money’ hubs, including an expansion into phone-based and digital services.
  • The enhanced Good Money service is expected to deliver 11,500 no-interest loans over four years, helping approximately 25,000 Victorians with a low-income.

Please click here for a more detailed analysis.