
Victorian budget 2026: state records first post-pandemic surplus but financial health uncertain as debt nears $200bn
<p>Labor’s 2026-27 budget shows $727m operating surplus for this financial year as debt forecast to soar by decade’s end</p><ul><li><p><a href="https://www.theguardian.com/australia-news/2026/may/05/victoria-budget-2026-labor-winners-losers">Winners and losers: Victoria’s 2026 budget cuts transport










