The Secretary Department of Treasury and Finance 1 Treasury Place Melbourne, Victoria, 3002 . 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. Budget highlights Pandemic Repair Plan Creating decent, secure jobs Building a world-class education system 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. In addition, heavy vehicles that are entering a local traffic area must obtain an access permit. 21 hours ago . Freedom of Information Part II Information Statement, Statement 3: Freedom of information arrangements, Statement 5: Rules, policies and procedures, 2022 Victorian Economic and Fiscal Update, A flow decomposition of the unemployment rate in Victoria, Evaluating the effect of cutting the regional payroll tax rate, The economic impacts of the 2019-20 bushfires on Victoria, Victorias Economic Bulletin, Volume 6, No. bringing forward to 1 July 2021 the previously announced increase to the tax-free payroll tax threshold from $650,000 to $700,000; reducing the payroll tax rate for regional employers from 2.02% to 1.2125% from 1 July 2021; removing the indexation freeze on fee and penalty units, resulting in a 10% increase in fines and penalties from 1 July 2021; east Contact Transport for NSW . The Budget papers are split into five sections and are supported by Budget Information Papers (BIPs). 1) 20212022, Regional Ministerial Budget Statement 2021-22 - Supporting Regional Recovery and Growth, Portfolio Additional Estimates Statements 202122: Treasury Portfolio, Budget Paper No. It contains the Treasurer's message, information about the Government's investments and plain-English summaries of Budget decisions. $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. Continuing our leadership in transforming the way that we generate, consume, and even think about energy. The following Australian Government Agencies' held their Portfolio Budget Statements on their websites at the time of release. The 2021-22 State Budget was announced on 20 May 2021. 2) 20212022, Appropriation (Parliamentary Departments) Bill (No. $5.8 million tohelpthe North EastCatchment Management Authority and EastGippsland Catchment Management Authority deliver the Restoring Waterways and Catchments (bushfire recovery) project. Bringing the Commonwealth Games to our regions. The 2021-22 Victorian Budget has been delivered with key takeaways highlighting a reliance on new taxes and an increase to existing ones. 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). For business, Eye on Government, Mia View, Please select the file you would like to download, Seasons greetings Mias Top 5 posts for 2022, Mia ebook_10 tips for Winning Government Business_V1pdf, Mia ebook_10 tips enhancing tendering_v1pdf, Ethical supplier register | Buying for Victoria, $7.2M over four years is provided to continue the three streams of the, Close to $93.2M has been allocated to continue the delivery of key forensic services at the, $69.7M plus $24.4M in asset funding is provided to the, $133.4M to transition the Department of Environment, Land, Water and Plannings emergency management user base from an analogue radio communication system to an encrypted. 1, Victorias Economic Bulletin, Volume 6, No. 1: Budget Strategy and Outlook, Budget Paper No. Please note that due to the age of these documents they may not meet current web publishing requirements and may not be compatible with some software. 2. * Figures in Appendix B: Historical Australian Government Data (Table B.2, B.9 and B.10) have been corrected and differ from those published in the printed version, Appropriation (Coronavirus Response) Bill (No. Phone: 03 5761 1611 2021-22 Budget Update Each year, the Victorian Government produces a mid-cycle review of the annual State Budget. $40.6M, over four years, has been allocated to maximising local jobs and local content. Yes, mental health and wellbeing are critical, as highlighted by the findings from the Royal Commission, and these mental health initiatives are welcome. Output initiatives are those that involve operational expenditure and can include consultancies and contracts, as well internal costs. Address: 30-38 Little Malop St, Geelong 3220, Address: 71 Hotham Street, Traralgon 3844, Open: 9am - 12pm and 1pm - 3pm Monday to Thursday, Closed: Friday, Message from the Secretary and staff networks, Listening and acting on community and stakeholder feedback, Victorian Science and Planning Graduate Program, Australian Standard for Fraud Corruption Control, North EastCatchment Management Authority, EastGippsland Catchment Management Authority. $5.3M is provided for a project establishment team to start implementing the governments response to the inquiry into the Victorian On-Demand Workforce. 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. These benefits then flow down the business food chain. Which brings me to the new mental health and wellbeing levy, an additional payroll tax that kicks in at an annual payroll of $10M. While there are initiatives that appear to be aimed at stimulating jobs across other sectors such as the $50M allocated towards a vaccine manufacturing capability, $160M for the tourism industry and $288M for creative industries these seem more about maintaining the jobs we have. This measure is expected to apply from Friday 21 May 2021. For regional employers, from 1 July 2021, the payroll tax rate is reduced from 2.02% to 1.2125%. Each year, the Victorian Government produces a mid-cycle review of the annual State Budget. The policy will be adjusted, with a reduction in the guaranteed annual base increase from 2 to 1.5%. Open: 8.30am to 4.30pm, Monday to Friday, Address: 89 Sydney Rd, Benalla 3672 Indeed, despite a longer period of public health restrictions in Victoria during 2020 - $1.79 million to increase the early diagnosis and treatment of childhood asthma among inner west communities, to achieve better long-term health outcomes. Not to mention the numerous authorities that have sprung up across government in recent times, each with their own corporate functions, infrastructure costs, etc. Budget Paper No. 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). 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. 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. Compensation payments for Victorians living along the path of the future Outer Metropolitan Ring Road blew out by nearly $100m in a single year, with the state urged by bureaucrats to find new . 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. Those employers that did defer 2020/21 liabilities must still pay the first quarterly instalment by 7. Phone: 03 5172 2111 Finally, $180M over four years has been budgeted to commence development of the former General Motors Holden site at Fishermans Bend into a centre of innovation in advanced manufacturing, engineering and design. Download Budget Paper 2: Strategy and OutlookExternal Link (PDF, 1.6 MB), Download Budget Paper 2: Strategy and OutlookExternal Link (DOC, 946 KB). $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. $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. Download Budget Paper 1: Treasurer's SpeechExternal Link (PDF, 493 KB), Download Budget Paper 1: Treasurer's SpeechExternal Link (DOC, 97 KB). The 2021-2022 Victorian Budget invests a total of $3.5 billion in education, including $716 million in school programs and support to educators. 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. $62.9 million to maintain essential energy functions while ensuring that retailers respect the rights of vulnerable customers through the Energy Fairness Plan. We acknowledge and respect Victorian Traditional Owners 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. $21.2 million to establish the Office of Bushfire Risk Management within the Department of Environment, Land, Water and Planning (DELWP), to lead and coordinate the implementation of evidence-based fuel management policy, practice, assurance and reporting across all land tenures. The budget aims to chart a road to post-COVID economic recovery, including by raising state revenue. 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. An interesting note is that no funding was allocated in this budget to further the digital twin pilot budgeted last year under DELWP. From 1 July 2021, the payroll tax-free threshold is increased from the current level of $650,000 to $700,000. Budget Paper No. The Victorian Budget 2020-21 includes a number of announcements related to legislation administered by the State Revenue Office.. The government states that this new levy is targeted towards those large organisations that can absorb it. Treasurer of the State of Victoria Victorian Budget 2021/22 SERVICE DELIVERY Budget Paper No. 1, Victorias Economic Bulletin, Volume 6, No. This is part of the, The Victorian State Revenue Office has updated information in regard to payroll tax payments as a response to the current COVID-19 outbreak and lockdown. 1) 20212022, Appropriation (Coronavirus Response) Bill (No. The funding includes: $218 million for a School Mental Health Fund allowing schools to select and implement mental health and wellbeing programs and connect to specialists services. 5: Statement of Finances provides the financial details of the aggregated Victorian general government sector and the broader public sector. Category Download Budget Paper 4: State Capital ProgramExternal Link (PDF, 2.2 MB), Download Budget Paper 4: State Capital ProgramExternal Link (DOC, 1.9 MB). Share. $986 million of this investment will be funding the design, construction and maintenance of 25 brand new X'Trapolis 2.0 trains and an upgrade to the Craigieburn Train Maintenance Facility. Funding of $15.6 million will increase mechanical fuel treatments like slashing and mowing particularly in high risk and long untreated areas to ensure fuel management can be delivered even when it is not safe to burn (e.g. The measures are listed here, along with their expected start date. Budget Paper 4 describes the Victorian Government's asset investment program. Output initiatives are those that involve operational expenditure and can include consultancies and contracts, as well internal costs. $6.56 million to continue the implementation of Plan Melbourne, the Governments metropolitan planning strategy guiding Melbournes growth and infrastructure until 2050. The Victorian Budget 2022/23 includes a range of initiatives demonstrating the Victorian Government's commitment to equality for all Victorians.