The Commonwealth Games, which are being hosted across regional Victoria in 2026 are also not getting any funding in this year’s budget, however, the event received $2.6 billion in last year’s budget.
The state government’s Major Events Fund has received $23 million in the 2023-2024 budget, to attract public events, major concerts and sporting events to Victoria. Community driven multicultural events will receive a $12 million boost, running race the Stawell Gift will get $1.7 million while Indigenous events have received $1.4 million.
The government is also investing $22.5 million in live music concerts and festivals.
“Our creative and sporting sectors drive our economy, employ hundreds of thousands of Victorians and put our state on the world map – and that matters to Victorians,” said Steve Dimopoulos, the state’s minister for tourism, sport and major events and creative industries.
This article was updated on May 24, 2023, to reflect the funding allocated to the Commonwealth Games in the 2022-2023 Victorian budget.