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Journal · Cost of Living

The Cost-of-Living Club

A $5,600 cost-of-living payment. About 55,000 Victorian Public Service employees. Roughly $308 million. Then everyone else got sent to another counter.
02 Aug 2026 By Yeh Nah Goods
YNG Field Note cover for The Cost-of-Living Club showing a worn Victorian payroll service counter.

The cost of living was apparently urgent enough for a cheque.

Just not at every counter.

Under the Victorian Public Service Enterprise Agreement 2024, eligible VPS employees received a once-off $5,600 lump sum payment. Part-time and eligible casual employees were paid pro-rata. The Victorian Government FAQ said the agreement covered about 55,000 employees in the Victorian Public Service.

That is the receipt.

$5,600 each.

About 55,000 people.

Roughly $308 million.

Approved for office use

This was not a small allowance buried in the stationery cupboard.

The Department of Treasury and Finance says the payment was a once-off $5,600 lump sum, paid to all employees, regardless of classification, who were employed on 28 June 2024.

The payment was pro-rata for part-time and eligible casual employees. Fair enough. That changes the exact final bill around the edges.

But the scale is still the scale.

Using the government’s own “about 55,000 employees” figure, the rough gross cost lands at about $308 million. Using the Victorian Public Sector Commission’s June 2024 VPS FTE figure of 54,839 lands at about $307.1 million. Same neighbourhood. Same cheque.

And that does not include the separate $1,000 payment for eligible shift workers.

The other counter

Here is where people start trying to fog the glass.

This is not a claim that every teacher, nurse, copper, ambo or firefighter received nothing in every agreement, every year, across every bargaining table.

That is not the point.

The point is simpler.

They did not get this VPS $5,600 cost-of-living payment.

The VPS agreement is its own queue. Teachers and other workforces sit under separate arrangements. The government FAQ itself lists exclusions, including employees covered under the Education and Training Reform Act and several other groups outside this VPS deal.

So the clean version is this:

A broad cost-of-living cheque went through the Victorian Public Service payroll queue.

Not the classroom queue.

Not the ambulance queue.

Not the fireground queue.

Not the ward queue.

This one.

Cost of living, selectively processed

That is why this stings.

Cost of living is the phrase governments use when they want everyone to nod along. Groceries up. Rent up. Mortgage up. Petrol up. Power up. Families staring at the weekly shop like it has become a legal document.

Everyone knows the feeling.

But when the relief turns into a payroll line item, suddenly the universal crisis becomes a selective process.

Some people get a payment.

Some people get a speech.

Some people get told there is no money.

Some people get told to wait for the next bargaining round.

And the taxpayer gets the full administrative experience.

The number on the docket

The clean public number is about $308 million.

Not because the maths is clever.

Because it is embarrassingly simple.

About 55,000 VPS employees multiplied by $5,600 equals about $308 million.

If you use the VPSC June 2024 FTE number, 54,839 multiplied by $5,600 equals about $307.1 million.

If you use headcount instead, 57,345 people multiplied by $5,600 gives a rough ceiling of about $321.1 million, before pro-rata adjustments. That is why the cleaner estimate sits around $307 to $308 million, not because anyone has found a magic cheaper version of the cheque.

The state found the counter.

The form was processed.

The payment was approved.

Standard issue

This is the bit that feels familiar.

Governments are very good at telling households to understand budget pressure. They are very good at explaining why services cannot do everything. They are very good at turning fairness into a PDF.

But every now and then, a number leaks out that shows the machine was never confused.

It knew how to pay.

It knew who was in the queue.

It knew which counter was open.

Cost of living for everyone.

Cost-of-living payment for some.

Yeh nah.


Sources: Victorian Department of Treasury and Finance, Victorian Public Service Enterprise Agreement 2024: https://www.dtf.vic.gov.au/victorian-public-service-enterprise-agreement-2024
Victorian Government, VPS Agreement 2024 employee FAQ: https://www.vic.gov.au/sites/default/files/2024-06/Attachment-E-FAQS-for-Employees-VPS-Agreement-2024.docx
Victorian Public Sector Commission, 2024 workforce data: https://www.vpsc.vic.gov.au/public-sector-data/data-sets-and-reports/past-releases/2024-workforce-data-state-public-sector/employee-and-executive-numbers/number-employees