Ms Cleeland said the budget would address debt and was designed to deliver a return to surplus by 2032.
“Victoria’s debt continues to spiral, with taxpayers now footing an enormous interest bill that is growing by the day,” she said.
“That is money that should be invested in our hospitals, schools, roads and vital services for regional communities.”
The economic plan proposes to prioritise frontline services and workers, ease the tax burden on families and businesses and abolish the Emergency Services and Volunteers Fund and the Victorian Treaty.
It also purports to outline measures that lift the land tax threshold, increase the payroll tax threshold for businesses and strengthen oversight and accountability of major infrastructure projects.
Ms Cleeland said communities in regional Victoria had been hit the hardest by rising costs and increasing taxes.
“Families and businesses in regional areas are under real pressure from the cost of living, soaring energy prices and higher taxes,” she said.
“Regional Victorians deserve better than being asked to carry the burden of Labor’s financial mismanagement.
“This plan is about restoring discipline to the state’s finances, rebuilding economic strength and ensuring essential services are protected for all Victorians.”
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