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VICTORIAN BUDGET 2023/24 FORECASTS:

Net operating result: $4 billion deficit in 2023/24, $1.2b surplus in 2026/27

Revenue: $89.3b in 2023/24, $99.9b in 2026/27

Total expenditure: $93.3b in 2023/24

Net debt: $135.4b in 2023/24, $171.4b in 2026/27

Interest repayments: $5.6b in 2023/24, $8b in 2026/27

Total tax revenue: $35.3b in 2023/24, $40.4b in 2026/27

Land tax revenue: $6.1b in 2023/24

Land transfer duty revenue: $7.4b in 2023/24

Payroll tax revenue: $8b in 2023/24

Mental health levy revenue: $912 million in 2023/24

COVID-19 debt levy: $2b in 2023/24, $2.3b in 2026/27

Gambling tax revenue: $2.6b in 2023/24

Motor vehicle tax revenue: $3.4b in 2023/24

Insurance tax revenue: $2b in 2023/24

Infrastructure investment: $27.1b in 2023/24

Employee expenses: $35.3b in 2023/24

Unemployment: 4.25 per cent in 2023/24

Gross state product: 1.5 per cent increase in 2023/24