Opposition Leader Mark Parton said the 2026-27 Budget failed to provide relief for families and businesses facing higher rates, rents, mortgages and everyday expenses.

“This Budget does not meet the moment,” Mr Parton said.

The criticism comes after Tuesday’s Budget revealed ACT Government borrowings are forecast to reach $23.7 billion by 2029-30, with interest costs expected to exceed $2.3 million a day.

Mr Parton said the figures highlighted what he described as years of poor financial management and broken promises by the Labor Government.

“Canberrans are working harder than ever, yet they are facing higher rates, higher rents, higher mortgages and higher everyday costs,” he said.

“Instead of providing relief and restoring confidence, this government continues to spend beyond its means and pass the bill on to taxpayers.”

As part of its response to the Budget, the Canberra Liberals announced plans for a Charter of Budget Responsibility, which they say would improve transparency around government finances by requiring the full disclosure of debt levels, interest costs, unfunded commitments, infrastructure liabilities and long-term fiscal risks.

“Canberrans deserve honesty when it comes to the Territory’s finances,” Mr Parton said.

“Our Charter will ensure governments cannot hide the true cost of their decisions.”

The Opposition also used its Budget response to outline a range of policy proposals it says would form part of an alternative government agenda.

Among the measures announced were a “Safer Summer” pilot program that would give ACT Policing additional wanding powers in Civic, Braddon and other entertainment precincts, the re-criminalisation of methamphetamine possession and use, and the expansion of Endometriosis and Pelvic Pain services at Canberra Hospital.

The Liberals also flagged a new Suicide Prevention Bill, 50-cent fares across the ACT bus and light rail network, and dedicated graffiti removal teams for Civic and other town centres.

Mr Parton said further policies would be released in coming months, focusing on cost-of-living relief, support for small business and improving government accountability.

The ACT Government has defended the Budget as one that balances ongoing investment in essential services and infrastructure while managing economic pressures facing the Territory.

However, the Budget is expected to remain a major political battleground ahead of the next election, with debt levels, rates and the cost of living emerging as key issues for voters.

Mr Parton said Canberrans faced a choice between continuing with the current government or backing an alternative approach.

“After 25 years in office, Labor can no longer blame anyone else for the challenges facing our city,” he said. “The choice is clear: more of the same, or sensible Liberal change and a stronger future for Canberra.”