More needs to be done for business in Melbourne budget

The Committee for Melbourne commends the plan to reduce Council’s debt from $212 million in 2025–26 to $61 million by 2028–29 and support targeted investments in public safety, cleanliness and community infrastructure – all essential to ensuring Melbourne remains a globally competitive and liveable city for residents, businesses and visitors.  

However, this budget fails to address the pressing concerns of the business community, including fulfilling election commitments.   

While investments in safety – such as expanded CCTV and lighting – is also welcome and consistent with the Committee’s ongoing advocacy for a safer, more inclusive city, broader concerns around accessibility, amenity and the overall urban experience have been overlooked.    

The Committee encourages all city businesses to participate in the budget consultation process to ensure a wide range of community voices are heard as we collectively shape the city’s future. 

To be attributed to Committee for Melbourne Chief Executive Scott Veenker:  

"At just 0.02 per cent of the total $732.4 million budget, the surplus is modest. When weighed against the $45 million already spent on or committed to the now-abandoned Greenline project, it reinforces the urgent need for sharper scrutiny, transparency and measurable return on investment in future council decisions. The broader shift towards disciplined financial management is essential for Melbourne’s long-term success.
 

“We are encouraged by renewed investment in safety, public amenities and city cleanliness – all critical elements in boosting business confidence, encouraging visitation and restoring Melbourne’s reputation on the global stage.
 

"The 8.4 per cent cut to maintenance funding is concerning. A world-class city cannot run on a skeleton maintenance schedule or allow its public realm to deteriorate while trying to attract workers, tourists and investors back to the CBD.
  

“There is nothing in this budget to address the number one issue for city businesses: rates. While residents have secured a freeze, there is no relief for the business community. Business cannot subsidise this now, or in future years.”