victorian state budget 21 22

Its our Pandemic Repair Plan for more staff, better hospitals and first-class care. 1: Budget Strategy and Outlook, Budget Paper No. It paves the way for major reform and builds on work already underway. 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. It outlines the Government's priorities for the services it provides and sets out the costs of the services for Victorians. 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. The 2021-22 Victorian Budget has been delivered with key takeaways highlighting a reliance on new taxes and an increase to existing ones. Click to DOWNLOAD Victoria State Budget 2021-2022 Summary $110.4 million to build on the record $1.6 billion Clean Energy Package in the 2020-21 Budget while enhancing our energy security and lowering powerline-related bushfire risk. 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. 1) 20212022, Regional Ministerial Budget Statement 2021-22 - Supporting Regional Recovery and Growth, Portfolio Additional Estimates Statements 202122: Treasury Portfolio, Budget Paper No. The government states that this new levy is targeted towards those large organisations that can absorb it. Deaf, hearing or speech impaired? 2), Financial Report (incorporating Quarterly Financial Report No. More than $400M of funding has been provided to deliver enabling infrastructure to support the deployment of NextGeneration Trams, including construction of a new tram maintenance facility in Melbournes north-west, upgrades to Southbank Depot and land acquisition for new power substations. $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. $8.74 million over 2 years for the Conservation Regulator to ensure the effective regulation and protection of Victorias wildlife and forests. The 2021-2022 Victorian Budget invests a total of $3.5 billion in education, including $716 million in school programs and support to educators. 1:01pm May 20, 2021 Victoria has recorded a monster deficit of $17.4 billion in the 2020-21 financial year and is forecast to remain in a shortfall until at least 2025, according to the State Budget. Treasurer of the State of Victoria Victorian Budget 2021/22 STRATEGY AND OUTLOOK Budget Paper No. The Victorian Budget 2021-22 includes announcements related to the State Revenue Office. 4, Mid-Year Financial Report (inc. Quarterly Financial Report No. 2021-22 Budget Update Each year, the Victorian Government produces a mid-cycle review of the annual State Budget. $51.94 million for unique biodiversity protection through community driven action, $8.8 million for the Port Phillip Bay Fund, $5.79 million for a wildlife protection and support package, $4 million in funding for Trust for Nature. 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. 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. This investment will mitigate the risk of major tram service disruptions and ensure the system can continue to operate while a replacement system is developed. These payroll taxes, overlaid with the cost of doing business in Victoria (think labour hire licence and other compliance costs), compounded by the lack of government investment in businesses, will impact the number of new businesses coming to the state and, I think, business investment. Each year, the Victorian Government produces a mid-cycle review of the annual State Budget. 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. 3. It presents the Appropriation Bills to Parliament. However, the Treasurer also announced an additional tax which is based on payrolls the Mental Health and Wellbeing Levy. 2. The Budget allocates $1.08 billion for DELWP portfolios to help the department continue our work creating thriving communities and environments and contributing to Victorias economic recovery. The Victorian Government acknowledges Aboriginal Traditional Owners of Country throughout Victoria and pays respect to their cultures and Elders past, present and emerging. 2, Victorias Economic Bulletin, Volume 6, No. 4). Overall, it feels like the Victorian Budget 21/22 has fallen a little short of the mark from a business and industry perspective. 2 outlines the State's current and expected economic and financial performance and outlines the Government's fiscal and economic strategy. As required under section 12 of the Charter of Budget Honesty Act 1998, non-general government sector entities are not consolidated into the Commonwealth general government sector fiscal estimates and accordingly, these entities are not reported in the PBS. Victoria's population growth is expected to grow slightly in 2021-22, rising further by 1.2 per cent in 2022-23, as Announced in the Budget is. As such, the PAES provides information on new measures and their impact on the financial and non-financial planned performance of agencies. Such an approach would in turn lead to more sustainable job gains. Coming into effect from 1 January 2023, payroll tax deductions will be available for businesses with annual taxable Australian wages, On 20 October 2021, NSW Treasurer Matt Kean introduced a Bill to the NSW Parliament to amend the Payroll Tax Act 2007 to allow a 50% waiver of payroll tax for 2021/22 for eligible employers. '$' marks the spot with this budget, plunging victoria into record levels of debt and tracking to spend $49 billion over the next four Download Budget Paper 2: Strategy and OutlookExternal Link (PDF, 1.6 MB), Download Budget Paper 2: Strategy and OutlookExternal Link (DOC, 946 KB). 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. Budget Paper 1 is the speech the Treasurer gives to outline the Budget to Parliament and Victorians. $10 million to support the delivery of the Climate Change Strategy and seizethe economicopportunities of the transition to netzero emissions. To claw back some of these costs, the budget states that the guaranteed annual salary increases for the public service, enshrined in the governments wages policy, will be cut from 3% (including wages and entitlements) to 2% from next year. 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). . 133 677 $4.7M is provided to construct and operate a, $500M over four years to expand and improve, $72.4M for Bendigo Kangan Institutes Broadmeadows. Funding is also provided to the Essential Services Commission (ESC) to support trials of innovative energy products and services, such as microgrids and virtual power plants, which are not currently permitted under energy rules. Following the trend set by the Australian Government, the Victorian Budget 21/22 continues to focus on fiscal policy to generate economic growth. The Charter of Budget Honesty Act 1998 requires that a Final Budget Outcome be released no later than three months after the end of the relevant financial year. their unique ability to care for Country and deep spiritual Putting Patients First | Victorian Budget 21/22 | Victorian Budget Menu Putting Patients First This is a Budget that puts patients first. The Secretary Department of Treasury and Finance 1 Treasury Place Melbourne, Victoria, 3002 Australia . It includes a breakdown of all output funding with associated performance targets. The PBS provides information, explanation and justification to enable Parliament to understand the purpose of each outcome proposed in the Bills. knowledge and wisdom has ensured the continuation of The 2021-22 Victorian State Budget invests a record $3.8 billion in mental health and wellbeing. engage, with Victorias Traditional Owners and Aboriginal 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 funding is provided to maximise government procurement opportunities for local businesses and workers. 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 Phone: 03 8624 5704 Open: 8.30am to 4.30pm, Monday to Friday, Address: 1-7 Taylor St, Epsom 3551 $14.08 million for the EPA to clean up high risk waste sites. In addition, heavy vehicles that are entering a local traffic area must obtain an access permit. We are committed to genuinely partner, and meaningfully Each year, the Victorian Government produces a mid-cycle review of the annual State Budget. The compliance burden has also been reduced for business that have an annual payroll tax obligation of $100,000 or less. The State Budget 2021/22 will include a significant $1.5 billion investment in rolling stock to make commuting more comfortable and reliable. 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. If these changes impact your business and you would like to discuss your payroll tax situation, please contact me for an initial discussion. 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. Tips 2. Phone: 03 5430 4444 However, there are very real and obvious savings that could be generated through consolidating and transforming public sector operations. Those employers that did defer 2020/21 liabilities must still pay the first quarterly instalment by 7. $1.41 million was provided to assist public land and waterway managers reduce the risk of coronavirus (COVID-19) transmission and other risks associated with increased visitation to public land and waterways throughout Victoria over summer 2020-21. The budget announced $180M in digital service delivery. This reduced compliance was previously available only to businesses with a payroll tax liability of $40,000 or less. 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. However, the eye-watering number is not as high as originally forecast last year, with a $23.3 billion deficit initially predicted in November. Download the Budget OverviewExternal Link (PDF, 2.4 MB), Download the Budget OverviewExternal Link (DOC, 115 KB). It provides an overview of the investments that departments and government-controlled entities will deliver in the coming financial year. Unique Homes. Visit the Victorian Budget website for more information. $5.3M is provided for a project establishment team to start implementing the governments response to the inquiry into the Victorian On-Demand Workforce. 2, Victorias Economic Bulletin, Volume 6, No. The 2021-22 State Budget was announced on 20 May 2021. This is a Budget that puts patients first. Find further information about our office locations, Address: 8 Nicholson St, Melbourne 3000 2021-22 Budget Update Each year, the Victorian Government produces a mid-cycle review of the annual State Budget. Victorian Land Tax revenue is expected to increase by 15% in 2021-22 and will grow by 9% per annum over the forward estimates. Funding is also provided to sustain the tram Automatic Vehicle Monitoring system, which manages and monitors tram services. Unique Homes. This summary focuses on the particular announcements affecting the Property & Construction Sector. To view or add a comment, sign in. 20/05/21. As with the previous Victorian Budget, the key feature of the 2021-22 Budget is on recovery from the economic impact of COVID-19. Victorian Budget 2021/22 includes vital funds to support people and pets impacted by family violence Pets will no longer be silent victims of family violence, with the Victorian Government's announcement today that $1.3 million in funding is included in the Victorian Budget 2021/22 to support victim survivors and their pets. Download the Suburban Budget Information PaperExternal Link (PDF, 1.3 MB), Download the Suburban Budget Information PaperExternal Link (DOC, 84 KB). This includes the development of standards to encourage fair conduct and accountability by platform businesses and to improve transparency between these businesses and the workers they engage. In its State Budget handed down on 20 May 2021, the Victorian Government announced the following initiatives that are favourable for taxpayers: Increase in the tax-free threshold for payroll tax from $650,000 to $700,000 brought forward to 1 July 2021 Also announced an additional tax which is based on payrolls the Mental Health and.! Include a significant $ 1.5 billion investment in rolling stock to make commuting more comfortable and reliable to your. The PAES provides information on new taxes and an increase to existing ones obtain. 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Wildlife and forests years for the Conservation Regulator to ensure the effective regulation and protection of Victorias and! Health and Wellbeing governments response to the State of Victoria Victorian Budget 2021-22 includes announcements to... Performance and outlines the State 's current and expected economic and Financial performance and outlines the states... ( DOC, 115 KB ) to Parliament and Victorians annual State Budget victorian state budget 21 22 Plan for more,. Compliance burden has also been reduced for business that have an annual payroll tax obligation of $ or. Delivery of the investments that departments and government-controlled entities will deliver in the Financial... 10 million to support the delivery of the services it provides an overview the! $ 8.74 million over 2 years for the services it provides and sets out the costs of the annual Budget! Changes impact your business and you would like to discuss your payroll tax obligation of $ 40,000 less... 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