Victorian budget bonanza with millions put aside for events, Visit Victoria and MCEC

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The Victorian Government has put aside $2.6 billion for the state to host the Commonwealth Games in 2026, and a further $111 million to boost tourism and support events in its latest Budget.

Regional Victoria will get $2.6 billion to prepare for the 2026 Commonwealth Games, but there is no detail on how the funds will be split between the four main regional hubs in Geelong, Bendigo, Ballarat and Gippsland.

As international borders continue to reopen, Visit Victoria will receive an additional $5 million in funding to lure overseas visitors back.

This will be supported by a $2.6 million boost to the National Business Events Program to attract more conferences and business events to Victoria.

A further $3 million will help event organisers deliver a calendar of small-to-medium events in greater Melbourne.

The Andrews Government will also invest $65.7 million to continue supporting critical event infrastructure and tourism attractions including Melbourne Convention and Exhibition Centre, Kardinia Park Stadium Trust, State Sport Centres Trust and the Puffing Billy Railway.

“Victoria does events, sports, games and conferences better than anywhere else in the world, securing the best and biggest attractions so we can keep drawing swathes of interstate and international visitors to our state,” said Minister for Tourism, Sport and Major Events Martin Pakula.

“Now that international borders are opening up, we won’t just wait for visitors to get here – we’re taking our story to the world stage to showcase the best of everything Victoria has to offer.”