The State Budget is the means by which the Victorian Government details how it plans to collect and spend public monies for the upcoming year. It outlines departments' service delivery, initiatives and commitments.
2012-13 State Budget
A $61.4 million package for agriculture and $33.7 package for energy and earth resources is provided to the Department of Primary Industries in the 2012-13 State Budget.
On the agriculture side of the portfolio, the Budget provides a four-year investment in each of the following industries:
- dairy ($14.3 million)
- beef and lamb ($9 million)
- grains ($10.6 million)
- horticulture ($8.1 million)
In addition, $19.5 million over four years will be made available to biosecurity for the protection of producers from pests and diseases.
The agriculture portfolio also receives ongoing funding of $15.7 million per year.
This funding will help build the profitability and productivity of the dairy, red meat, grains and horticulture industries, as well as boost biosecurity measures across the farm sector.
On the energy and earth resources side of the portfolio, $19.8 million over four years will be invested in strengthening the governance of the smart meter program and in initiatives that deliver benefits to consumers.
Funding of $9.5 million over three years has been confirmed to ensure the state is prepared for the introduction of a carbon price, while $4.4 million over three years will go towards Victoria's share of funding the cost of the Australian Energy Market Commission.
For more information, please refer to:
- Budget media release from the Minister for Agriculture and Food Security
- Budget media release from the Minister for Energy and Resources
Previous State Budgets
2010-11 State Budget
The Victorian State Budget Papers and media releases can be found at the Victorian Budget website.