The Secretary Department of Treasury and Finance 1 Treasury Place Melbourne, Victoria, 3002 . Helping regional communities recover from the coronavirus (COVID-19) pandemic and the 2019-20 bushfires by investing in the health of iconic waterways that underpin regional tourism and jobs. Read more about the mental health budget highlights. This includes $40.7 million to expand Victorias lived experience workforce. Find out about DELWP's Victorian State Budget 2020-21 allocation. Open: 9am to 4.30pm, Monday to Friday, Address: 71 Hotham Street, Traralgon 3844 The 2021-22State Budget was delivered on Thursday 20 May 2021. Building on past funding programs, the government quite rightly continues to invest in maintaining emergency service infrastructure, including: Construction continues unabated across police, schools, hospitals and TAFEs: $265M has been budgeted to upgrade and maintain several metropolitan and regional roads, including making the Calder Freeway safer. Published Jun 9, 2021 + Follow Treasurer Tim Pallas delivered the Victorian State Budget for 2021/22 on 20 May with relief in regard to payroll tax for some businesses but with an. The 2021-22 Victorian Budget included various significant transfer (stamp) duty changes, comprising duty concessions for purchases of properties within the City of Melbourne local government area, a widening of the off-the-plan duty concession for home buyers, as well as the pre-announced increase in the rate of duty for purchases of properties worth over $2 million. 1, Victorias Economic Bulletin, Volume 6, No. or The 2021-22 Victorian Budget has been delivered with key takeaways highlighting a reliance on new taxes and an increase to existing ones. The Department of Treasury and Finance acknowledges Aboriginal Traditional Owners of Country throughout Victoria and pays respect to their cultures and Elders past, present and emerging. The PAES facilitate understanding of the proposed appropriations in Appropriation Bills (No. $22.6 million together with $6.3 million in ongoing funding will provide direct resources to formally recognised Traditional Owner groups to reinvigorate Cultural Fire on Country. 2, Victorias Economic Bulletin, Volume 6, No. Ironically, though, for a budget looking to boost economic activity, this is not a budget that is sympathetic to businesses unless of course you operate in the construction and infrastructure sector. Continuing our leadership in transforming the way that we generate, consume, and even think about energy. You must have JavaScript enabled to use this form. Budget Paper No. Here is a snapshot of some of the budget highlights for DJPR: 1 and No. The Rural and Regional Budget Information Paper summarises the Governments priorities for rural and regional Victoria, including projects in jobs, education, health, emergency services and infrastructure investment. Photos 40.Loganlea (Station) 1h 34m $10 - $13 See schedules Victoria Point to Loganlea (Station) bus times Buses run twice daily between Victoria Point and Loganlea (Station). Coming into effect from 1 January 2023, payroll tax deductions will be available for businesses with annual taxable Australian wages, On 20 October 2021, NSW Treasurer Matt Kean introduced a Bill to the NSW Parliament to amend the Payroll Tax Act 2007 to allow a 50% waiver of payroll tax for 2021/22 for eligible employers. the long-awaited victorian state budget for 2020-21 has been uncovered from government headquarters like lockdown's treasure map to (economic) riches, meeting responses ranging from nodding to head-scratching. Funding will also include establishing a support service or agency to assist on-demand workers. Share. As such, the PAES provides information on new measures and their impact on the financial and non-financial planned performance of agencies. Victorian State Budget 2021-22 The Victorian Treasurer, Tim Pallas MLA, handed down the Victorian State Budget on Thursday 20 May 2021. The purpose of the Portfolio Additional Estimates Statements (PAES) is to inform Senators and Members of Parliament and the public of the proposed allocation of resources to government outcomes by agencies within the relevant portfolio. If these changes impact your business and you would like to discuss your payroll tax situation, please contact me for an initial discussion. 2020-21 Budget. Which brings me to the new mental health and wellbeing levy, an additional payroll tax that kicks in at an annual payroll of $10M. Download Budget Paper 5: Statement of FinancesExternal Link (PDF, 2.8 MB), Download Budget Paper 5: Statement of FinancesExternal Link (DOC, 1.4 MB). Load More . Clause 14 of the Charter of Budget Honesty requires the release of a MYEFO each year by the end of January, or six months after the last budget, whichever is later. Funding is also provided to establish the Fair Jobs Code Unit in the Department of Jobs, Precincts and Regions. To revive Victoria's economy, businesses and households need immediate cash-flow support and relief from financial distress. However, the eye-watering number is not as high as originally forecast last year, with a $23.3 billion deficit initially predicted in November. Ever since the pandemic reached our shores, weve acted quickly to protect our people and our economy. The Budget Update provides revised estimated financial statements relative to the previous Budget, including the projected outcome for the end of the current financial year and revised estimates for the forward years. They can move to annual reporting and payment rather than monthly, from 1 July 2021. Investing in bushfire preparedness to ensure were adapting to a rapidly changing climate. 21 hours ago . The Victorian Government acknowledges Aboriginal Traditional Owners of Country throughout Victoria and pays respect to their cultures and Elders past, present and emerging. It provides an economic and fiscal overview, and describes the Budget position and outlook for the general government sector as well as the broader public sector. $3.05 million to fund the review of the 1975 Wildlife Act to better protect our wildlife and align withtheprinciples and features ofcontemporarylegislation such as transparency and accountability. Victorian Government announces historic budget investment in mental health, Read more about the mental health budget highlights, Specialty diagnostics, therapeutics and programs, End of life and palliative care in Victoria, Community Health Integrated Program (CHIP) guidelines, Victorian integrated care online resources, Collecting patient-reported outcome measures in Victoria, Public hospital accreditation in Victoria, Credentialing for senior medical staff in Victoria, Improving Access to Primary Care in Rural and Remote Areas Initiative, Victorian Patient Transport Assistance Scheme, Rural and isolated practice registered nurses, Urgent care in regional and rural Victoria, Fees for private health service establishments in Victoria, Design resources for private health service establishments, Professional standards in private health service establishments, Legislation updates for private health service establishments, Complaints about private health service establishments, Integrity governance framework and assessment tool, Medical equipment asset management framework, Health system design, service and infrastructure planning, Design, service and infrastructure plan for Victoria's cardiac system, Capability frameworks for clinical services, Complementary service and locality planning, Registration and governance of community health centres, Victoria's public dental care waiting list, Maternal and Child Health Service Framework, Maternal and Child Health Service resources, Maternal Child and Health Reporting, Funding and Data, Maternal and Child Health Workforce professional development, Public Dental and Community Health Program funding model review, Legislation governing Victorian cemeteries and crematoria, Frequently Asked Questions - Medicines and Poisons Regulation, Licences and permits to possess (& possibly supply) scheduled substances, Pharmacotherapy (opioid replacement therapy), Improving childhood asthma management in Melbourne's inner west, Per- and poly-fluoroalkyl substances (PFAS), Information for community groups selling food to raise funds, Adverse events following immunisation reporting, Immunisation schedule and vaccine eligibility criteria, Infectious diseases surveillance in Victoria, Notification procedures for infectious diseases, Notifiable infectious diseases, conditions and micro-organisms, Municipal public health and wellbeing planning, Improving outcomes in under-screened groups, Type 2 diabetes and cardiovascular disease prevention, Lasers, IPL and LED devices for cosmetic treatments and beauty therapy, Victoria's regulatory framework for radiation, Resources and factsheets - tobacco reform, Tobacco reform legislation and regulations, Retailers and shops that sell tobacco products, Recreational water use and possible health risks, Statewide and specialist mental health services, Access to mental health services across areas, Transport for people in mental health services, Medical Treatment Planning and Decisions Act, Supporting children whose parents have a mental illness, Supporting the social and emotional wellbeing of Aboriginal and Torres Strait Islander Victorians, Victoria's mental health services annual report 2019-20, Making a complaint about a mental health service, About Victoria's Chief Mental Health Nurse, Victoria's clinical supervision framework for mental health nurses, Mental health prevention and recovery care, Reporting requirements and business rules for clinical mental health services, Alcohol and other drug treatment services, Overview of Victoria's alcohol and drug treatment system, Pathways into alcohol and other drugs treatment, Community-based AOD treatment services in Victoria, Legislation governing alcohol and other drug treatment, Alcohol and other drug service standards and guidelines, Alcohol and other drug client charter and resources, Alcohol and other drug treatment principles, Alcohol and other drug program guidelines, Drink and Drug Driving Behaviour Change Program, Alcohol and Other Drug Residential Rehabilitation Facility Design Guidelines, Specialist Family Violence Advisor capacity building program in mental health and alcohol and other drug services - Victoria, Alcohol and other drug workforce Minimum Qualification Strategy, Workforce development tools and resources, Funding and reporting for alcohol and other drug services, Funding of alcohol and other drugs services in Victoria, Reporting requirements and business rules for alcohol and other drug services, Green 'UPS' pills containing N-ethylpentylone (no MDMA), Public sector residential aged care services, Safety and quality in public sector residential aged care, Emergency preparedness in residential aged care services, Voluntary Assisted Dying Ministerial Advisory Panel, State Health Emergency Response Arrangements, Department's responsibilities in emergencies, Health services responsibilities in emergencies, Employment programs for students and graduates, Undergraduate nursing and midwifery scholarships, Enrolled nurse to registered nurse transition scholarships, Re-entry pathway scholarships for nurses and midwives, Refresher pathway for nurses and midwives, Postgraduate scholarships for nurses and midwives, Additional funding for nursing and midwifery positions, Nursing and Midwifery Workforce Development Fund, Furthering your nursing and midwifery career, International nurse and midwife graduates, Inter-professional Nurse Paramedic Graduate Program, Aboriginal graduate and cadetship programs, Improving health for Victorians from culturally and linguistically diverse backgrounds, Understanding LGBTIQ+ health: Rainbow eQuality - Department of Health, Victoria, Australia, Asylum seeker and refugee health in Victoria, Consumer participation in healthcare in Victoria. This reduced spend is part of the Victorian governments strategy to achieve base review savings of $1.7B over four years. Phone: 03 5336 6856 Treasurer of the State of Victoria Victorian Budget 2021/22 STRATEGY AND OUTLOOK Budget Paper No. Not only does the Victorian Budget 21/22 have minimal spend for businesses outside construction and infrastructure, it also carries a Department of Premier and Cabinet directive to reduce spend on consultancies and contractors. These benefits then flow down the business food chain. The Budget Overview summarises the State's economic and fiscal outlook, and the Government's strategic priorities and objectives. Not to mention the numerous authorities that have sprung up across government in recent times, each with their own corporate functions, infrastructure costs, etc. The Victorian Budget 21/22 contains $19B in output initiatives and $7.1B in assets. 4: State Capital Program, describes the Victorian Government's asset investment program. The Victorian Government's net debt is projected to rise to $154.8 billion by the year 2023-24, with net debt in 2020-21 a colossal $86.7 billion. Budget Paper 3 provides an overview of the goods and services funded by the Government and delivered by departments, and how these support the Government's strategic objectives. $28.18 million to create liveable communities, boost jobs and support a neighborhood-focused economic recovery. 2), Financial Report (incorporating Quarterly Financial Report No. culture and traditional practices. $49.73 million for water sector initiatives that improve the health of key waterways and provide immediate benefits to regionaleconomies. The Victorian Government acknowledges Aboriginal and Torres Strait Islander people as the Traditional Custodians of the land and acknowledges and pays respect to their Elders, past and present. The debt is set to be a burden for future . The 2021-22 Victorian Budget has been delivered with key takeaways highlighting a reliance on new taxes and an increase to existing ones. $8.4 million to ensure water markets are working effectively for irrigation communities and provide extension services to capture the benefits of the Goulburn Murray Water Efficiency Project. Following the trend set by the Australian Government, the Victorian Budget 21/22 continues to focus on fiscal policy to generate economic growth. $527.2 million to build 13 new schools that will open in 2024, as well as additional stages at four schools. Specialising in payroll tax law, we are ideally placed to assist businesses to optimise their situation, Peter Tobin, Tobin Partners Lawyers peter@tobin.net.au 0438 001 809, To view or add a comment, sign in Assets expenditure is focussed on maintaining existing assets or creating new assets. 3 and No. Funding of $206 million is set aside to strengthen the mental health workforce, with more mental health nurses, doctors, allied health professionals and support staff. Tobin Partners Pty Ltd, Lawyers and Notaries, with offices in Brisbane, Sydney and Melbourne is one of the few legal firms in Australia, who are specialising in payroll tax. However, this budget also sees the government creating more authorities: the Victorian Academy of Teaching and Leadership, the Victorian Skills Authority and an authority to support gig-economy workers ($148.2M, $85.9M and $5.3M respectively). $1.79 million to increase the early diagnosis and treatment of childhood asthma among inner west communities, to achieve better long-term health outcomes. The State Budget provides a comprehensive program of work to ensure the new mental health and wellbeing system meets the needs of Victorians. In addition, heavy vehicles that are entering a local traffic area must obtain an access permit. Budget Information Paper: Rural and Regional, Budget Information Paper: Gender Equality Budget Statement, Download the Rural and Regional Budget Information, Bringing the Commonwealth Games to our regions. The Budget allocates $1.08 billion for DELWP portfolios to help the department continue our work creating thriving communities and environments and contributing to Victoria's economic recovery. 4, Mid-Year Financial Report (inc. Quarterly Financial Report No. The Rural and Regional Budget Information Paper summarises the Governments priorities for rural and regional Victoria. Funding is also provided to sustain the tram Automatic Vehicle Monitoring system, which manages and monitors tram services. The levy or surcharge will be 0.5% on wages in excess of $10m and 1% on those in excess of $100m. Budget Paper 4 describes the Victorian Government's asset investment program. Budget Paper No. 22 hours ago . 3: Federal Financial Relations, Appendix B: Total payments to the states by function*, Appendix E: Appropriations and conditions*, Building a more secure and resilient Australia, Mid-Year Economic and Fiscal Outlook 202122, Part 1: Australian Government Budget Outcome 202122, Part 2: Australian Government Financial Statements, Part 3: Australias Federal Financial Relations, Part 3: Australias Federal Financial Relations - Attachment A, Appendix A: Expenses by Function and Sub-function, Appendix B: Historical Australian Government Data, Agriculture, Water and the Environment Portfolio, Education, Skills and Employment Portfolio, Industry, Science, Energy and Resources Portfolio, Infrastructure, Transport, Regional Development and Communications Portfolio, Department of the House of Representatives. 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