From the Treasurer

The Hon Kim Wells MLA

---

Victorians urged to have their say on feed-in tariffs

Friday, 18 May 2012

Treasurer Kim Wells and Energy and Resources Minister Michael O'Brien have welcomed the release of a draft report from the Victorian Competition and Efficiency Commission (VCEC) into distributed electricity generation.

Fall in regional unemployment rate welcomed

Thursday, 17 May 2012

Regional Victoria's unemployment rate fell by more than one percentage point last month, according to data released by the Australian Bureau of Statistics (ABS) today.

Coalition’s infrastructure spend delivers jobs boost for Geelong

Thursday, 10 May 2012

Around 330 direct construction jobs will be created in Geelong from infrastructure projects funded in last week's State Budget, Treasurer Kim Wells said today.

Coalition’s responsible Budget delivers record state infrastructure spend

Tuesday, 01 May 2012

Premier Ted Baillieu and Treasurer Kim Wells have announced a record $5.8 billion state state infrastructure program as part of the 2012-13 State Budget.

Coalition Government 2012-13 Budget to drive economic growth, generate jobs, deliver major infrastructure and improve community services

Tuesday, 01 May 2012

The Coalition Government's 2012-13 Budget delivers a responsible plan to drive economic growth, generate jobs, deliver major infrastructure and improve community services for Victorians.

Coalition’s responsible Budget delivers record infrastructure spend

Tuesday, 01 May 2012

Premier Ted Baillieu and Treasurer Kim Wells have announced a record $5.8 billion infrastructure program as part of the 2012-13 State Budget

Statement from Treasurer Kim Wells: GST review

Monday, 23 Apr 2012

The Victorian Coalition Government has noted today's release of the overdue interim report into the distribution of the GST.

Coalition welcomes plans for airport investment

Wednesday, 21 Mar 2012

The Victorian Coalition Government has welcomed the release of Melbourne Airport's plans for a new domestic terminal.

Mid-year financial report 2011-12 tabled in Parliament

Thursday, 15 Mar 2012

Treasurer Kim Wells released the 2011-12 Mid-Year Financial Report today, saying Victoria's economy had demonstrated resilience despite the challenges of international uncertainty, weaker national conditions and the impact of the high Australian...

Coalition Government acts to reduce regulatory burden

Monday, 05 Mar 2012

The Coalition Government will streamline regulatory processes, improve the scrutiny of new regulations and introduce new measures to ensure that regulators are efficient, responsive and make timely decisions.

GST inequities continue under flawed formula

Friday, 24 Feb 2012

Today's release of 2012-13 GST revenue shares highlights the unfairness of the existing formula and the need for reform, according to Victorian Treasurer Kim Wells.

Moody’s confirms Victoria’s triple-A credit rating

Thursday, 16 Feb 2012

Moody's Investor Services has reaffirmed Victoria's triple-A credit rating, citing the State's disciplined fiscal management, financial flexibility, and sound financial performance in its analysis.

Unemployment falls sharply in Victoria

Thursday, 19 Jan 2012

Victoria's unemployment rate fell sharply in December from 5.5 per cent to 5.2 per cent.

Coalition Government delivers on commitment to set up inquiry on feed-in tariffs and barriers to local generation

Friday, 13 Jan 2012

The Victorian Coalition Government is delivering on its election commitment to establish a Victorian Competition and Efficiency Commission (VCEC) inquiry to determine the most appropriate regulatory framework to encourage Victorian households and...

Coalition Government strengthens Victoria’s financial services industry

Thursday, 22 Dec 2011

Treasurer Kim Wells today released the government response to the Victorian Competition and Efficiency Commission (VCEC) Report, On Sound Commercial Terms.

Coalition Government strengthens finances to grow Victoria’s economy

Thursday, 15 Dec 2011

Victoria's Budget will record a surplus of $1.3 billion in 2014-15 and net debt will be $804 million lower in the 2011-12 Victorian Budget Update delivered by Treasurer Kim Wells today.

Coalition Government delivers the keys for more than 4,000 first home buyers

Saturday, 26 Nov 2011

The Victorian Coalition Government's election commitment to slash stamp duty for first home buyers has assisted more than 4,000 Victorians to purchase their first home.

Strong outcome for Victoria despite challenging times

Wednesday, 23 Nov 2011

Treasurer Kim Wells today welcomed data from the Australian Bureau of Statistics indicating that Victoria's economy grew by 2.5 per cent in 2010-11, as forecast in the 2011-12 Victorian State Budget.

VCEC draft report opportunity for community to contribute to Victoria’s competitiveness

Thursday, 10 Nov 2011

Treasurer Kim Wells has encouraged all interested Victorians to contribute their ideas on the Victorian Competition and Efficiency Commission (VCEC) draft report for a state-based reform agenda.

Victoria on track to achieve surplus after challenging September quarter

Thursday, 10 Nov 2011

Treasurer Kim Wells today confirmed that Victoria remains on track to achieve the forecast 2011-12 budget surplus of $140 million.