Federal and State Budgets 2024-25

The Federal Budget
The 2024-25 Federal Budget was delivered on 14 May 2024. 

Our full detailed analysis was published on Friday 17 May 2024 and is now available here

Our day-after Budget snapshot was published on Wednesday 15 May and is available here

And a summary of OTA's post-Budget activity in Canberra in the days following the Budget is available here

State and Territory Budgets  
As is customary, Australian States and Territories are now introducing their budgets for the same financial year.   

Budgets provide insight into how Governments are allocating taxpayer dollars, what new and existing services and infrastructure are being delivered and how government spending is performing.    

Where can I find out more? 
The table below outlines when each budget is expected and where they can be accessed. We’ll update this table as budgets are delivered.  

Jurisdiction Date of budget delivery Notes and link to budget (when available)
ACT 25 June 2024 The ACT Budget is usually delivered in mid-late June, after the Federal Budget.
NSW 18 June 2024 The NSW Budget is usually delivered in early June, with a ‘mid-cycle update’ in December.
NT 14 May 2024 The NT Budget is usually delivered in May, with a ‘mid-cycle update’ in December.
Budget available here.
QLD 11 June 2024 The Queensland Budget is usually delivered in June, with a ‘Mid-Year Fiscal and Economic Review’ (MYFR) in December.
Budget available here.
SA 6 June 2024 The South Australian Budget is usually delivered in June, with a ‘mid-year review’ in December.
Budget available here.
TAS 30 May 2024 The Tasmanian Budget has been delayed from May to September.
VIC 7 May 2024 The Victorian Budget is usually delivered in May, with a ‘mid-cycle Budget update’ in December.
Budget available here.
WA 9 May 2024 The WA Budget is usually delivered in May, with a ‘mid-year review’ in December.
Budget available here.

Sponsored Advertising - Find out more