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The Canberra Times
The Canberra Times
Lanie Tindale

The ACT budget your way: the one stop story for everything you need to know

From public service cuts to land releases and a $1.5 billion hospital - the ACT budget had something for most as Treasurer Chris Steel outlined future spending plans for the capital.

This story captures all of the key information you need to know after Steel forecast $10 billion in spending. Navigate through to find the stories that relate to you.

Treasurer Chris Steel. Main picture by Keegan Carroll

The ACT hit a record deficit of $1 billion in 2025-26, but the government claimed in February that it had reduced this by $632 million after raising taxes, rates and the price of government services in the last budget.

We already knew a lot about what would be in the 2026-27 ACT budget, which was handed down on Wednesday, June 10.

But what is not in the budget papers might be just as interesting as what is.

It is the first budget since independent economist Saul Eslake handed down a report saying the ACT's fiscal position had deteriorated because the government spent big on services and infrastructure without raising revenue.

The ACT hit a record deficit of $1 billion in 2025-26, but the government claimed in February that it had reduced this by $632 million after raising taxes, rates and the price of government services in the last budget.

Five years ago Chief Minister Andrew Barr, then also treasurer, announced a plan to spend $5 billion on infrastructure over five years to boost Canberra's economy after the COVID-19 pandemic.

But now, the government is telling directorates to tighten their belts and say major infrastructure projects like the Kingston Arts Precinct will be delayed to keep the budget sustainable.

Treasurer Chris Steel. Picture by Keegan Carroll

There was a lot of information about before the budget documents even dropped. Here's what we knew in advance:

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