Category: Treasurer

Tax Cuts Secured For Businesses And First Home Buyers

Thousands of Victorian first home buyers and businesses will benefit from stamp duty relief and payroll tax cuts from 1 July, with the passage of the State Taxation Acts Amendment Bill through Victorian Parliament today. From 1 July, the payroll tax-free threshold will increase to $625,000, and from 1 July 2018 to $650,000. This will […]

Categories: Media Release, Treasurer

Regional Victoria’s Jobs Boom Continues

Employment continues to rise in regional Victoria, with 14,500 new jobs created in the three months to May. Latest figures from the Australian Bureau of Statistics (ABS) show that in the year to May 2017, employment in regional Victoria increased by 25,000 people. Since the Government took office, the increase in jobs in regional Victoria […]

Categories: Media Release, Treasurer

Labor To Establish Parliamentary Budget Office

The Andrews Labor Government has delivered on its commitment to establish an independent, credible and permanent Parliamentary Budget Office (PBO). Three years after the Coalition blocked Labor’s attempt to establish a truly independent PBO, the Government has created a permanent body to assist Members of Parliament with costing policy proposals and the provision of financial […]

Categories: Media Release, Treasurer

Liberals Blocking Tax Cuts And Home Ownership Support

The Andrews Labor Government is getting on with its plans to slash payroll tax for local businesses and other vital reforms that will make it easier for thousands of Victorians to buy their own home. Under the Labor Government reforms, which will be introduced into Parliament this week, the payroll tax-free threshold will increase to […]

Categories: Media Release, Ministers, Treasurer

Victorian Jobs Growth Continues To Climb

Record jobs growth continues in Victoria, with almost a quarter of a million jobs created in the state since the Andrew’s Labor Government took office. Data released today by the Australian Bureau of Statistics (ABS) shows 246,400 jobs have been created in Victoria since November 2014, more than 60 per cent of which were full-time. […]

Categories: Media Release, Treasurer

Victorian Economy Shining Bright Like A Diamond

Victoria’s economy is the powerhouse of the nation – with final demand growing faster than any other state and creating more jobs than every other state combined. Data released by the Australian Bureau of Statistics (ABS) today also shows Victoria’s State Final Demand grew by 4.5 per cent in the year to March 2017 – […]

Categories: Media Release, Treasurer

A Fair And Balanced Fire Services Property Levy

The 2017/18 Fire Services Property Levy, in place to fund the State’s vital fire services, will collect the same amount as in 2016/17. This will mean Victorian property owners in each land use category will on average contribute the same – or in some cases less – to the levy this financial year as they […]

Categories: Media Release, Treasurer

Victoria’s Regional Jobs Growth Triples The Nation’s

The strength of Victoria’s jobs growth continues right across the state, with more than 15,000 regional Victorians finding a new job in the three months to April 2017, according to the latest data from the Australian Bureau of Statistics (ABS). Further cementing Victoria as the job-creating state, the data showed that in the year to […]

Categories: Media Release, Treasurer

Build It, And They Will Come

Reflecting the unprecedented investment in Victorian infrastructure led by the Andrews Labor Government, the Australian Bureau of Statistics (ABS) today shows the value of Victorian construction work done over the past year grew by the highest of all states. The value of building work done in Victoria rose by more than 9 per cent to […]

Categories: Media Release, Treasurer

Turnbull Government Confirms It’s Ripping Off Victorians

The Turnbull Government this morning confirmed that it is ripping off Victorians when it comes to funding vital infrastructure. Giving testimony at Senate Budget Estimates hearings this morning, the Department of Infrastructure and Regional Development confirmed that the recent federal budget does not include a single extra dollar for Victorian infrastructure. This is despite the […]

Categories: Media Release, Treasurer