Funding for road projects trimmed back as Victoria delivers annual Budget

Treasurer Tim Pallas revealed the state’s 2024-25 Budget on Tuesday, with a number of projects put on ice due to mounting debts.Timings for the roll-out of major road projects in Victoria have been thrown into doubt today, with the State Government announcing it is dialling back funding in an effort to bring its growing debt under control.The Victorian Government revealed its annual budget on Tuesday, showing its infrastructure spend will be downsized from a high of $24 billion in 2023-202