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From the Treasurer

Michael O’Brien



The Hon Michael O’Brien MLA


The Victorian Coalition Government 2013-14 Victorian State Budget invests in major infrastructure and high-quality services for all Victorians, while ensuring Victoria’s finances remain the strongest in the nation.
 
The East West Link is set to become a reality with Premier Denis Napthine, Treasurer Michael O’Brien and Roads Minister Terry Mulder announcing the Victorian Coalition Government will commit to funding stage one of this city-shaping project.
 

The Victorian Coalition Government has announced that the iconic Federation Square will undergo an $11.7 million upgrade in a key announcement for the 2013-14 State Budget.

Treasurer Michael O’Brien today announced further detail on how Victoria’s fairer Fire Services Property Levy will apply to properties following the abolition of the insurance-based levy and the unfair ‘tax on tax’ arrangements.

Treasurer Michael O’Brien today announced significant reforms which will see the next phase of public private partnership (PPP) projects deliver high-quality infrastructure and services for Victorians.

The Victorian Coalition Government will support first home buyers and job creation in the housing construction industry by increasing grants for newly constructed homes and bringing forward a major cut in stamp duty, Treasurer Michael O’Brien announced today.
 

The Victorian Coalition Government has announced the levy applying to specified long stay city car parking spaces will be adjusted in the 2013-14 State Budget to increase by less than $1 a day.

Treasurer Michael O’Brien has welcomed today’s labour force figures demonstrating that Victorian employment continues to perform well and is keeping pace with the rest of the country.

Strong building approval and retail trade results announced by the Australian Bureau of Statistics (ABS) demonstrate the strength of the Victorian economy, Treasurer Michael O’Brien said today.

A strong population growth result announced by the Australian Bureau of Statistics is another vote of confidence in the Victorian economy, Treasurer Michael O’Brien said today.

Regional labour force participation in Victoria remains steady according to the latest Australian Bureau of Statistic (ABS) figures released today, despite regional Victoria facing significant challenges from the Commonwealth Government, Treasurer Michael O’Brien said.

Victorians are once again set to receive an unfair share of the annual carve up of the Goods and Services Tax (GST), with Victoria’s share of GST declining again, Treasurer Michael O’Brien said today.

Victorian Treasurer Michael O’Brien released the 2012-13 Mid-Year Financial Report today, saying the Victorian Coalition Government remained on track to achieve its targeted surplus of more than $100 million in 2013-14.

Treasurer Michael O’Brien has welcomed today’s labour force figures as a vote of confidence in the Victorian economy, showing that Victoria continues to be a great place to invest and a great place to do business.

Wednesday, 06 March 2013

Claims today by Daniel Andrews and the Labor Party that Victoria is in recession are wrong and are damaging to the Victorian economy. Victoria is not in recession.

Victoria is driving a nationwide increase in key sectors of the Australian economy with new data showing an increase in retail trade and building approvals.

Treasurer Kim Wells has welcomed a new report from Moody’s that highlights the need for strong financial management and expenditure restraint in challenging circumstances.

Minister for Health David Davis and Treasurer Kim Wells today marked the start of construction works for the $10 million redevelopment of Castlemaine Hospital.

Wednesday, 13 February 2013

Lake Eppalock will be stocked with an extra 130,000 golden perch this summer and next summer to accelerate the recovery of its native fishery.

Treasurer Kim Wells has welcomed new data which shows Victoria’s building industry is the strongest in Australia.