Protecting our environment for Victorians to enjoy while addressing climate change and contributing to the states economic recovery. The government states that this new levy is targeted towards those large organisations that can absorb it. Which brings me to the new mental health and wellbeing levy, an additional payroll tax that kicks in at an annual payroll of $10M. 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. The levy or surcharge will be 0.5% on wages in excess of $10m and 1% on those in excess of $100m. The performance of the tram network will also be enhanced through the installation of nonmountable tram kerbs in six Melbourne CBD locations; this will better separate trams and road traffic to prevent collisions, improve safety and reduce travel disruptions. Department of Treasury and Finance estimates put economic growth (gross state product) at 5.5 per cent in 2021-22, and growth of 3.25 per cent in 2022-23. However, a threshold of $10M means the levy will impact an estimated 9000 businesses, many of which could best be described as only medium-sized. The Victorian Budget 2022/23 includes a range of initiatives demonstrating the Victorian Government's commitment to equality for all Victorians. Open: 9am to 4.30pm, Monday to Friday, Address: 71 Hotham Street, Traralgon 3844 The Victorian Budget 2021-22 includes announcements related to the State Revenue Office. Agencies receive resources from the annual appropriations acts, special appropriations (including standing appropriations and special accounts), and revenue from other sources. The 2021-22 State Budget was announced on 20 May 2021. We stood by the Victorian community with support of more than $44 billion to respond to the pandemic and keep workers in jobs and businesses afloat. . $3M has been funded for the design and business case for demolition and redevelopment of Central Pier at Docklands, and $11.2M to support the operations of Puffing Billy. The Victorian Academy of Teaching will be a new specialist statutory entity with a dedicated focus on delivering advanced professional learning for Victorian teachers and educational leaders. Taxation revenue is forecast to increase by 13.2% in 2021-22, partly due to economic conditions recovering from the COVID-19 pandemic slump and the introduction of new taxes. To revive Victoria's economy, businesses and households need immediate cash-flow support and relief from financial distress. $8.53 million to address the impacts of mining on groundwater in and around central Bendigo - with $3.53 million to develop and design a long-term solution and $5 million to extend current groundwater management arrangements. It is, Treasurer Cameron Dick has announced Qlds State Budget for 2022/23 which includes payroll tax relief for an estimated 12,000 SMEs. Funding is also provided to sustain the tram Automatic Vehicle Monitoring system, which manages and monitors tram services. > Victorian State Budget 2021-22: Significant Tax Changes & Their Impact On Private Business On 20 May 2021, State Treasurer Tim Pallas handed down the 2021/22 Victorian state budget. 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 additional tax based on payrolls for others. communities to support the protection of Country, the Such an approach would in turn lead to more sustainable job gains. By way of comparison, this week's federal budget has outlined a spending program that will see 90 per cent of additional expenditure in the first two years of the forward estimates. The Victorian Budget 2022/23 includes a range of initiatives demonstrating the Victorian Governments commitment to equality for all Victorians. 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. $31.68 million for Parks Victoria to continue the Park Rangers program, retain 57 park rangers and support staff roles and help meet unprecedented visitor demand, enabling dedicated rangers to undertake critical fire management roles and deliver important planning for Wattle Park in Burwood. They can move to annual reporting and payment rather than monthly, from 1 July 2021. The Office of the Local Jobs First Commissioner and Industry Capability Network Victoria will be resourced to oversee and enforce compliance with the Local Jobs First Act 2003 and the Local Jobs First Policy. The 2021-22 Victorian Budget has been delivered with key takeaways highlighting a reliance on new taxes and an increase to existing ones. Save. Please do not think I am advocating for massive public sector cuts, or cuts to our frontline workers such as teachers and nurses, emergency service workers, etc. 1, Victorias Economic Bulletin, Volume 6, No. $2.89 million funding is provided to support Victorian wildlife centres and shelters, enabling rehabilitation of injured and orphaned wildlife and support of wildlife rehabilitators. For regional employers, from 1 July 2021, the payroll tax rate is reduced from 2.02% to 1.2125%. Download Budget Paper 1: Treasurer's SpeechExternal Link (PDF, 493 KB), Download Budget Paper 1: Treasurer's SpeechExternal Link (DOC, 97 KB). The Gateway Review Process will also be improved to better identify risks and manage potential cost pressures. The Victorian Budget 2020-21 includes a number of announcements related to legislation administered by the State Revenue Office.. 3. $5.8 million tohelpthe North EastCatchment Management Authority and EastGippsland Catchment Management Authority deliver the Restoring Waterways and Catchments (bushfire recovery) project. 67% 6:19 am 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 additional tax based on payrolls for others. The debt is set to be a burden for future . Savings could have been made by a stronger focus on efficiency gains, delivered in partnership with business, rather than raising taxes. The Victorian Government released its 2021-22 budget on 20 May 2021. $517 million for forest and fire management to address the need to protect our communities and environment and reduce the risk of bushfires in a changing climate. Here is a snapshot of some of the budget highlights for DJPR: 2021-22 State Budget The 2021-22 State Budget was delivered on Thursday 20 May 2021. Funding is provided to support the operation of Ethical Clothing Australia and the accreditation process for the Ethical Supplier Register. Funding is also provided to establish the Fair Jobs Code Unit in the Department of Jobs, Precincts and Regions. Download Budget Paper 5: Statement of FinancesExternal Link (PDF, 2.8 MB), Download Budget Paper 5: Statement of FinancesExternal Link (DOC, 1.4 MB). The true figure for 2021-22 has not yet come into focus, but the Treasury department estimates that the deficit will be about $17.6 billion. The Rural and Regional Budget Information Paper summarises the Governments priorities for rural and regional Victoria. Like it or not, government and industry operate in an ecosystem; they rely on each other for contracts, products and services. $21 million to boost the Victorian Planning Authoritys capacity to continue delivering the Streamlining for Growth initiative and complete precinct plans for some of the states fastest growing suburbs and regional cities. Budget Paper 1 is the speech the Treasurer gives to outline the Budget to Parliament and Victorians. The Secretary Department of Treasury and Finance 1 Treasury Place Melbourne, Victoria, 3002 Australia . Each year, the Victorian Government produces a mid-cycle review of the annual State Budget. Investing in bushfire preparedness to ensure were adapting to a rapidly changing climate. TheVSA will be an anchor organisation, bringing together industry, providers and other stakeholders to produce insights on priority training areas, and inform an annual Victorian Skills Plan to better guide training delivery where its needed most. The PAES facilitate understanding of the proposed appropriations in Appropriation Bills (No. This reduced spend is part of the Victorian governments strategy to achieve base review savings of $1.7B over four years. After a delayed 2020-21 budget on account of COVID-19, this budget was back in its traditional May timeslot. Find further information about our office locations, Address: 8 Nicholson St, Melbourne 3000 Of note, $16.2M is provided to strengthen the Department of Treasury and Finances monitoring of the states infrastructure pipeline and undertake capital project assurance reviews. Download the Suburban Budget Information PaperExternal Link (PDF, 1.3 MB), Download the Suburban Budget Information PaperExternal Link (DOC, 84 KB). Following the trend set by the Australian Government, the Victorian Budget 21/22 continues to focus on fiscal policy to generate economic growth. 1, Victorias Economic Bulletin, Volume 6, No. . 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. The budget papers on Tuesday will. Unique Homes. In his budget address, Treasurer Tim Pallas did admit the big increase of public sector workers during 2021-22 was unsustainable, and attributed the rise to employing more public sector workers during the pandemic. $341 million in programs that will protect our climate future, enhance and care for our forests, parks and wildlife while supporting Victorians to continue to enjoy the outdoors. Download the Budget OverviewExternal Link (PDF, 2.4 MB), Download the Budget OverviewExternal Link (DOC, 115 KB). 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. A payroll tax credit for businesses with payrolls less than $10 million whose Victorian taxable wages increase in 2020-21 and 2021-22 applies to the 2020-21 and 2021-22 payroll tax . 1: Treasurers Speech commends the Appropriation Bills to Parliament and outlines the budget to Parliament and Victorians. IF YOU'RE PARENTS OF YOUNG CHILDREN This year's budget will see the introduction of kinder for every three-year-old child, to rollout in regional Victoria first. Victorian Land Tax revenue is expected to increase by 15% in 2021-22 and will grow by 9% per annum over the forward estimates. 3, Victorias Economic Bulletin, Volume 6, No. I also wonder whether this budget really will stimulate jobs and opportunities across non-construction and infrastructure sectors. 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, There has been a recent shift in focus by the State Revenue Offices throughout Australia targeting medical practices which engage doctors as contractors. Here's what's in it for you. 4), A starter guide to financial management in government, Financial reporting directions and guidance, Annual leave and long service leave arrangements, Standing Directions 2018 Under The Financial Management Act 1994, Planning, Budgeting and Financial Reporting Frameworks, Corporate planning and performance reporting requirements, Financial management annual compliance reports, Victorian risk management framework and insurance management policy, Machinery of government changes - VPS operating manual, Barwon Water Biosolids Management Project, Biosciences Research Centre Project (AgriBio), Fulham Correctional Centre Contract Extension Project, Ground Lease Model project (Public Housing Renewal Program - Package 1), Melbourne Exhibition Centre Expansion Project, Port Phillip Prison Contract Extension Project, Royal Melbourne Showgrounds Redevelopment, Partnerships Victoria - Excellence in public private partnerships, Investment lifecycle and high value high risk guidelines, Gateway key decision points, guidance and templates, Book an investment management standard facilitator, Applications of the investment management standard, Licence to use the investment management standard materials, Investment management facilitator training and accreditation, Legislation, policy and public construction, Ministerial Directions and Instructions for public construction procurement, Purpose of these Directions (Direction 1.1), Application of these Directions and the Instructions (Direction 1.3), Complying with International Agreements (Direction 2.1 and Instruction 2.1), Complying with International Agreements (Attachments 1 and 2 to Instruction 2.1), Tender preparation and planning (Direction 3.1 and Instruction 3.1), Competition and contestability (Direction and Instruction 3.2), Promoting efficiency in the tender process (Direction and Instruction 3.3), Tender Notices (Direction and Instruction 3.4), Tender Documentation (Direction and Instruction 3.6), Evaluation criteria (Direction and Instruction 3.7), Mandatory evaluation criteria for occupational health and safety management (Attachment 1 to Instruction 3.7), Mandatory evaluation criteria for industrial relations management (Attachment 2 Instruction 3.7), Probity requirements (Direction and Instruction 4.1), Managing probity in Public Construction Procurement (Direction and Instruction 4.2), Forward notices (Direction and Instruction 5.1), Publishing details of procurement undertaken (Direction and Instruction 5.2), Disclosure of contracts and variations to contracts (Attachment 1 to Instruction 5.2), Use of Registers and Supplier Panels (Direction and Instruction 6.1), Contracting requirements (Direction and Instruction 7.1), Contractual terms and conditions (Direction and Instruction 7.2), Compliance with policy requirements (Attachment 2 to Instruction 7.2), Debrief for tender participants (Direction and Instruction 8.1), Supplier performance and shared reporting regime (Direction and Instruction 8.2), Public Construction Procurement Committee (Direction 8.4), Standards for public construction (Direction and Instruction 9.1), Responsibilities of the Accountable Officer (Direction 10.1), Definitions for public construction procurement, Public Construction Procurement Committee, Practitioners Toolkit - Guidance for public construction procurement, Guiding principles (Public construction - Guidance 1.2), Application of the Directions and Instructions (Public construction - Guidance 1.3a), Defining public construction (Public construction - Guidance 1.3b), Exemptions (Public construction - Guidance 1.4), Tender preparation and planning (Public Construction Guidance 3.1), Competition and contestability (Public Construction Guidance 3.2.1), Limited Tenders (Public Construction Guidance 3.2.2), Promoting efficiency in the tender process (Public Construction Guidance 3.3), Tender Notices (Public Construction Guidance 3.4), Tender open times (Public Construction Guidance 3.5), Tender Documentation (Public Construction Guidance 3.6), Evaluation criteria (Public Construction Guidance 3.7), Probity apply public sector values (Public Construction Guidance 4.1.1), Probity treat tender participants fairly and equally (Public Construction Guidance 4.1.2), Probity maintain confidentiality of tender participants confidential information (Public Construction Guidance 4.1.3), Probity auditable, accountable and transparent tender and contract management processes (Public Construction Guidance 4.1.4), Probity identify and manage conflicts of interest (Public Construction Guidance 4.1.5a), Probity commitment from tender participants (Public Construction Guidance 4.1.5b), Managing probity in Public Construction Procurement (Public Construction Guidance 4.2), Forward notices (Public Construction Guidance 5.1), Publishing details of procurements undertaken (Public Construction Guidance 5.2), Use of Registers and Supplier Panels (Public Construction Guidance 6.1), Contracting requirements (Public Construction Guidance 7.1), Compliance with legislative and policy requirements (Public Construction Guidance 7.2.1), Non-Standard Commercial Arrangements (Public Construction Guidance 7.2.2), Debrief for tender participants (Public Construction Guidance 8.1), Supplier performance and shared reporting regime (Public Construction Guidance 8.2), Complaints (Public Construction Guidance 8.3), Responsibilities of the Accountable Officer (Public Construction Guidance 10.1), Delegation (Public Construction Guidance 10.2), Practitioners Toolkit Standard form contracts, Practitioners Toolkit Standard form contracts - Clause bank, Practitioners Toolkit - Tools and templates, Practitioners Toolkit - Fact sheets for public construction procurement, For suppliers - Engaging with government on construction projects, Asset management accountability framework, Bid cost reimbursement for major construction projects, Access the Construction Supplier Register, Access public list Construction Supplier Register, Login access to the Construction Supplier Register for departments, Applying for pre-qualification Construction Supplier Register, Applying for pre-qualification Construction Supplier Register - category Low value works projects, Construction Supplier Register categories for suppliers of construction services, Construction Supplier Register categories for suppliers of works, Conditions of pre-qualification to Construction Supplier Register, Eligibility criteria for Construction Supplier Register, Eligibility criteria for Construction Supplier Register sub-category Cladding rectification, Eligibility criteria for Construction Supplier Register category Low value works projects, Complaint management procedure Construction Supplier Register, Contact the Construction Supplier Register, Residential Cladding Rectification Register, Access the Residential Cladding Rectification Register, Applying for pre-qualification Residential Cladding Rectification Register, Residential Cladding Rectification Register categories for suppliers of construction services, Residential Cladding Rectification Register categories for suppliers of works, Conditions of pre-qualification to Residential Cladding Rectification Register, Eligibility criteria for Residential Cladding Rectification Register, Contact Residential Cladding Rectification Register, Automatic Mutual Recognition of Occupational Licensing, Community Support Fund financial overview 2018-19, Community Support Fund financial overview 2017-18, Community Support Fund financial overview 2016-17, Community Support Fund financial overview 2015-16, Community Support Fund financial overview 2014-15, Information for Victorian departments and agencies, Inquiry into economic equity for Victorian women, Principles of Partnerships Addressing Disadvantage, Victorian Government Climate-related Risk Disclosure Statement, Victorian Public Service Enterprise Agreement 2020, Department of Treasury and Finance Victoria. $15M is provided to establish the Office of TAFE Coordination and Delivery as a separate business unit in the Department of Education and Training, to lead strategic projects and enhance collaboration across the TAFE network. This includes $40.7 million to expand Victorias lived experience workforce. Deaf, hearing or speech impaired? 4-in-1 Wonder: Detroit Castle Is a $1.2M Trip Through Design History 23 hours ago . The compliance burden has also been reduced for business that have an annual payroll tax obligation of $100,000 or less. If you are a provider of uniforms or workwear you are encouraged to visit Ethical supplier register | Buying for Victoria for further information. $40.6M, over four years, has been allocated to maximising local jobs and local content. Putting Patients First | Victorian Budget 21/22 | Victorian Budget Menu Putting Patients First This is a Budget that puts patients first. The Mid-Year Economic and Fiscal Outlook (MYEFO) updates the economic and fiscal outlook from the previous budget. Victorian treasurer Tim Pallas is congratulated by premier Daniel Andrews after delivering the 2022 budget. This includes commencement of remediation works, installation of essential utility services, and establishment of road access to the University of Melbournes future School of Engineering campus scheduled to open in 2024. or east Strata parking rules If you own a car, check whether your lot includes a parking space and how you are allowed to use that space. Budget highlights Pandemic Repair Plan Creating decent, secure jobs Building a world-class education system However, the Treasurer also announced an additional tax which is based on payrolls the Mental Health and Wellbeing Levy. 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 Download Budget Paper 4: State Capital ProgramExternal Link (PDF, 2.2 MB), Download Budget Paper 4: State Capital ProgramExternal Link (DOC, 1.9 MB). Category There is a similarly . From 1 July 2021, the payroll tax-free threshold is increased from the current level of $650,000 to $700,000. Victoria State Budget 2020-21: Kick-starting the post-pandemic economy with major tax cuts Corrs Chambers Westgarth. 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 will also include establishing a support service or agency to assist on-demand workers. Click to DOWNLOAD Victoria State Budget 2021-2022 Summary 2), Financial Report (incorporating Quarterly Financial Report No. The 2021-22 Victorian State Budget invests a record $3.8 billion in mental health and wellbeing. $2.5 million to support a zero-tolerance approach to water theft by strengthening compliance and enforcement approaches, investing in measures to maintain confidence in water reliability for entitlement holders and addressing the risks posed by climate change to water availability. $4 million to replace the wastewater plant and sewerage network at Mt Baw Baw Alpine Resort. The2021-22 Budget Updatewas released by the Treasurer on 10 December 2021. It's our Pandemic Repair Plan for more staff, better hospitals and first-class care. In this sense the PBS are Budget related papers and are declared by the Appropriation Bills to be 'relevant documents' to the interpretation of the Acts according to section 15AB of the Acts Interpretation Act 1901. This reduced compliance was previously available only to businesses with a payroll tax liability of $40,000 or less. 2), Financial Report (incorporating Quarterly Financial Report No. Historical Budget documents are available for reference purposes. But I wonder whether they could have been funded equally well through other efficiency measures. $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 initiatives summarised below focus only on the headline opportunities for businesses to seek to work and engage with the Victorian government. And Im not just referring to the new mental health and wellbeing levy that affects businesses with a payroll greater than $10M per annum: more on that later. 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