MELBOURNE NEWS

Shaping our city

The City of Melbourne has released its draft Budget 2024–25. Here’s what’s in it for you. 

Our draft Budget, together with our Annual Plan, sets out the priorities and investments we will deliver for Melburnians in the final year of our Council Plan 2021–25.  
 
We are proud to announce a surplus Budget achieved through prudent financial decisions. We’ve made responsible choices so we can deliver what counts for our community now and continue to invest for our growing city in the years ahead.   
 
The cost of living has been front of mind during the development of this Budget. We are continuing to deliver our core frontline services, along with free and affordable services our community relies on.

Seven highlights from our draft Budget

What’s in it for residents?

What’s in it for businesses?

What’s in it for residents?

1. City cleaning

We’re supercharging our cleaning efforts with $41.6 million to ensure our streets are sparkling. Our Clean Team will be on the ground 24/7 – cleaning our streets, prioritising the removal of graffiti and monitoring hotspots and collecting and disposing of public litter.

2. More parks and open space for our community

We’re transforming our city from grey to green in neighbourhoods that need it most – with almost $50 million to deliver more open spaces, and ensure our city is greener and more sustainable. This includes new green open space on Normanby Road in Southbank, expanding the Miles and Dodds Street Reserve, plus opening the Bedford Street Pocket Park, North Melbourne. We’ll also plant 3,000 trees and maintain our parks and gardens.

3. Building better community facilities

More Melburnians will be able to play the game they love – close to home. We’ve earmarked $224.7 million to build city-shaping projects and upgrade grassroots sporting facilities. We’ll open the new Kensington Community Aquatic and Recreation Centre, complete the first stage of the Greenline Project in Birrarung Marr, build the state-of-the-art Trader Shed at Queen Victoria Market and a new Ryder Pavilion in Royal Park. We’ll also invest almost $13 million to maintain and upgrade our roads and footpaths to make it as easy as possible to get around.

4. More affordable homes and homelessness support

We’re doing our part to address the housing crisis – with a proposal to transform two sites on Curzon Street, North Melbourne and Victoria Street, West Melbourne into new affordable housing. We’ll also open the doors to Make Room, our landmark social housing initiative, providing accommodation and support for 50 people experiencing homelessness.  

5. Biggest events calendar in the country

We’re doing everything we can to bring more people into the city – and delivering the best events calendar in the country does exactly that, with an investment of more than $26 million. All our favourites are back – the Christmas Festival, Moomba, New Year’s Eve, Now or Never and Firelight Festival, along with a world-first underground light show. With most of our major events free to attend, everyone can enjoy an affordable day or night out in the city.  

6. Lower residential waste collection charge

Our hardworking team will continue to empty bins from homes and businesses on time, while reducing the waste charge for residents this year. Owners of properties valued above $515,000 will receive a $53 reduction, with owners of properties valued below $515,000 receiving a $15 reduction.

A rubbish truck

7. Making it easier to do business

We’re expanding our Business Concierge service with $1.6 million to provide more support for our small businesses and traders. A new-look, highly visible team will provide tools and advice for more new businesses beyond the CBD to start and succeed.  

Hakim Halim holding a large wedge of cheese

Have your say on our draft Budget

Have your say on the City of Melbourne draft Budget 2024-25 by 5.30pm Monday 3 June.

A twilight photo of people visiting Queen Victoria Market.

What’s in it for businesses?

1. More support for Melbourne businesses

We’re expanding our Business Concierge service with $1.6 million to provide more support for our small businesses and traders. A new-look, highly visible team will provide tools and advice for more new businesses beyond the CBD to start and succeed. 

2. Making it easier to do business

The expanded Business Concierge team will make it easier to operate a business, offering free start-up advice, streamlining permit processes, connecting traders with teams across City of Melbourne and cutting red tape. The team will also deliver neighbourhood blitzes during key times of the year to help traders leverage local activity, such as a surge of support offered in Docklands ahead of Firelight Festival.  

3. Grants to start-up or scale-up

We want to help our city’s small businesses succeed – so we’ll provide $500,000 in Small Business Grants, $150,000 in Aboriginal Community and Small Business Grants and $1.2 million to support our precinct associations with marketing and activations.  

4. Attracting new investment in Melbourne

We’re boosting Invest Melbourne’s capabilities with $3.2 million to drive innovation, create jobs and attract business to the city – with 146 investment projects already in the pipeline. In the past year, Invest Melbourne attracted 81 investment projects to Melbourne, creating around 1,200 full-time jobs and almost $370 million in economic impact. We’re also investing in emerging industries with $500,000 to turbocharge innovation in the biotech, digital games, education, sport and climate technology sectors.

5. Biggest events calendar in the country

We’re doing everything we can to bring more people into the city – and delivering the best events calendar in the country does exactly that, with an investment of more than $26 million. This will return $7.50 into the local economy for every $1 spent. All our favourites are back – the Christmas Festival, Moomba, New Year’s Eve, Now or Never and Firelight Festival, along with a world-first underground light show. With most of our major events free to attend, it means more people coming into the city, providing a boost to traders.

6. City cleaning

We’re supercharging our cleaning efforts with $41.6 million to ensure our streets are sparkling. Our Clean Team will be on the ground 24/7 – cleaning our streets, prioritising the removal of graffiti and monitoring hotspots and collecting and disposing of public litter.  

7. Boosting our creative arts sector

We’re investing $13.4 million to deliver creative programming across the city, provide arts grants to local artists, and for creative projects like the Stolen Generations Marker, public murals, and curating the City of Melbourne art and heritage collection and exhibitions. We do this because we know the value our arts and creative sector brings to our visitor economy, with flow-on benefits to our retail, hospitality and small businesses.

Have your say on our draft Budget

Have your say on the City of Melbourne draft Budget 2024-25 by 5.30pm Monday 3 June. 

Share this story

You may also like
Clean team and garden gurus on patrol

Clean team and garden gurus on patrol

High-pressure hoses, specialist street-sweeping machines and dedicated graffiti patrols greeted workers as they returned to the city after the summer break. Before the sun rises and the peak hour commute begins, work has already started for some of the city’s more...

Bringing state-of-the-art community facilities to Kensington

Bringing state-of-the-art community facilities to Kensington

Residents from Kensington and across the city will have access to a new swimming pool, super-sized gym and more indoor sports courts when the revamped recreation and aquatic centre opens next year.  The Kensington Community Aquatic and Recreation Centre,...

Subscribe to our newsletter

Keep up with what's happening in the City of Melbourne by subscribing to the Melbourne newsletter.

You have successfully subscribed!