Category: Treasurer

HomesVic: Making Home Ownership A Reality For Victorians

The Andrews Labor Government’s HomesVic pilot scheme is helping first home buyers realise their dream of owning a home, with 60 participants now having signed property contracts. The HomesVic shared equity pilot scheme makes home ownership more affordable by reducing the amount of money first home buyers need to buy a home. The scheme was […]

Categories: Media Release, Ministers, Treasurer

Businesses In Geelong Set To Save Millions In Payroll Tax

Hundreds of businesses in the Greater Geelong region have already claimed more than $9.8 million in payroll tax savings, making it easier for businesses to create jobs. While many businesses are yet to submit their annual payroll tax return, more than 400 businesses in the Greater Geelong region have already claimed savings on their payroll […]

Categories: Media Release, Treasurer

Businesses In Bendigo Set To Save Millions In Payroll Tax

Hundreds of businesses in the Greater Bendigo region have already claimed more than $5.4 million in payroll tax savings, making it easier for businesses to create jobs. While many businesses are yet to submit their annual payroll tax return, more than 250 businesses in the Greater Bendigo region have already claimed savings on their payroll […]

Categories: Media Release, Treasurer

More Investment For Young Victorians Who Need It Most

The Andrews Labor Government is continuing to invest in at risk Victorian youth and children, by announcing opportunities for two new Partnerships Addressing Disadvantage. From 16 July 2018, applications will be sought from organisations to develop programs that improve engagement and education outcomes for vulnerable school-age children aged 5 to 14 years and disengaged young […]

Categories: Media Release, Treasurer

Victoria Finalises Snowy-Hydro Sale With Commonwealth

The Andrews Labor Government has today finalised the sale of Victoria’s share of Snowy Hydro Limited to the Commonwealth. As part of the historic sale, Victoria will receive more than $2 billion from the Commonwealth that will benefit all Victorians. More than 50 percent of the proceeds will be spent in regional Victoria, investing in […]

Categories: Media Release, Treasurer

Victorian Job Vacancy Growth Outpaces All Other States

Victoria has seen more growth in job vacancies in the past year than any other Australian state and territory. The Australian Bureau of Statistics (ABS) confirmed today that the number of vacancies in Victoria climbed by an extraordinary 51.7 per cent during the year – more than double the national average of 24 per cent. […]

Categories: Media Release, Treasurer

Boating Facilities Ramping Up At Corinella

Recreational anglers and boaters accessing Western Port Bay will soon have more boat ramps to launch from and better facilities at Corinella Foreshore thanks to a significant $1.45 million expansion project. The expansion, announced today by the Treasurer Tim Pallas, will double the number of boat ramps from two to four and install an accessible […]

Categories: Media Release, Treasurer

Victoria’s $14.7 Billion Record Engineering Construction

New data released today shows Victoria’s engineering construction activity leads the nation, jumping almost 50 per cent in the past 12 months. The Andrews Labor Government’s record infrastructure investment has seen Victoria’s engineering construction activity soar 48.7 per cent in the past year, and 19.2 per cent across the March quarter – the highest in […]

Categories: Media Release, Treasurer

Strong Outlook Maintains Victoria’s AAA Credit Rating

The Andrews Labor Government’s strong financial management has been recognised yet again, with Victoria maintaining its triple-A rating with international credit agency Moody’s Investor Services. Moody’s latest report on the Victorian economy said the rating was attributable to a number of positive factors including “a diverse and robust economy and healthy financial margins”. Moody’s said […]

Categories: Media Release, Treasurer

Turnbull Set To Short Change Victorians Yet Again

Malcolm Turnbull is set to short-change Victorians yet again, this time slashing Victoria’s GST allocation by as much as $1.6 billion. The Turnbull Cabinet is expected to meet today and sign off on the Productivity Commission’s final report into horizontal fiscal equalisation. New analysis has found that proposals from the draft report would see Victoria’s […]

Categories: Media Release, Treasurer