Australia to invest $8.5b for enhanced public health system in Victoria | Healthcare Asia Magazine
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Australia to invest $8.5b for enhanced public health system in Victoria

The investment is part of the Victorian Budget 2024/25.

The Australian government is set to invest $8.5b ($AU$13b) into Victoria’s public health system which will be injected into the state's 2024/25 budget.

The investment will support the delivery of quality healthcare, including improved facilities and equipment.

About $1.1b (AU$1.7b) will be allocated to build and upgrade hospitals and health facilities across the state, including the Monash Medical Centre, Austin Hospital, and the Northern Hospital.

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Meanwhile, $496.8m (A$755m) will be aimed towards operational and establishment funding for hospitals including Northern Health, Latrobe Regional Hospital, and Footscray Hospital.

An extra $18.4m (AU$28m) funding will provide support towards health services and boost Victoria’s nursing workforce capacity.

A$1 = $0.66

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