Annual report documents have confirmed a further four Victorian Government entities have received additional financial support to remain operating on a going concern basis, including:
- Great Ocean Road Parks Authority, which has received a Letter of Comfort from the Department of Treasury and Finance (DTF) and a $6.1 million Treasurer's Advance in August 2025 to meet short term liquidity and operational funding requirements.
- VicTrack, which received a Letter of Support from the Department of Transport and Planning (DTP) in respect to meeting the financial costs of rolling stock acquired under leases until September 2026.
- Australian Centre for the Moving Image, which received "confirmation of additional funding over the forward years" from the State Government.
- Geelong Performing Arts Centre Trust, which received confirmation in consultation with the DTF that "adequate cash flow support" will be provided to meet expenses as they fall due.
This revelation follows recent confirmation of similar emergency financial support being provided to Alpine Resorts Victoria, Greater Western Water and Museums Victoria, and comes as the Allan Labor Government raids $300 million from Victoria's legal regulator to fund services previously paid for by the government.
Following a decade of waste and reckless spending under Labor, Victoria's net debt is growing by $1.7 million an hour and is expected to reach a record $192.6 billion by 2028-29.
Leader of the Opposition and Shadow Treasurer, Jess Wilson, said: "Under Labor, a growing number of Victorian Government entities are on financial life-support.
"Public transport, water, land management, tourism and the arts are basic government services and the delivery of them should not be reliant on emergency financial support.
"With interest repayments on Labor's record debt soon to exceed $1 million an hour, it is clear Labor is struggling to deliver the basics and has all the wrong priorities.
"Labor cannot manage money and Victorians are paying the price."
