This includes funding for the Office of Projects Victoria to identify and remove barriers to construction efficiency. Payroll tax. 2), Financial Report (incorporating Quarterly Financial Report No. These benefits then flow down the business food chain. This measure is expected to apply from Friday 21 May 2021. 5: Statement of Finances provides the financial details of the aggregated Victorian general government sector and the broader public sector. 67% Explore our solutions Win more government business and contracts. $28.18 million to create liveable communities, boost jobs and support a neighborhood-focused economic recovery. The PBS provides information, explanation and justification to enable Parliament to understand the purpose of each outcome proposed in the Bills. 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 Its our Pandemic Repair Plan for more staff, better hospitals and first-class care. 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. 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. The 2021-22 Victorian State Budget invests a record $3.8 billion in mental health and wellbeing. $464M is also going to VicTrack for regional rail sustainability. Funding is also provided to establish the Fair Jobs Code Unit in the Department of Jobs, Precincts and Regions. Phone: 03 5430 4444 1) 20212022, Regional Ministerial Budget Statement 2021-22 - Supporting Regional Recovery and Growth, Portfolio Additional Estimates Statements 202122: Treasury Portfolio, Budget Paper No. From 1 July 2021, the payroll tax-free threshold is increased from the current level of $650,000 to $700,000. The Victorian Budget 2021-22 includes announcements related to the State Revenue Office. To come into effect on 1 January 2022, this levy will apply to the Victorian wages which are paid by businesses with an Australian wages bill in excess of $10m. $49.73 million for water sector initiatives that improve the health of key waterways and provide immediate benefits to regionaleconomies. 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 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. east Contact Transport for NSW . $5 million to plant trees in Melbournes west to reduce the risk of heat stress, create access to green spaces and improve overall air quality. The 2021-22State Budget was delivered on Thursday 20 May 2021. Investing in bushfire preparedness to ensure were adapting to a rapidly changing climate. Treasurer of the State of Victoria Victorian Budget 2021/22 SERVICE DELIVERY Budget Paper 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. 4, Mid-Year Financial Report (inc. Quarterly Financial Report No. 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. Budget Paper 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. 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. 2021-22 Budget Update Each year, the Victorian Government produces a mid-cycle review of the annual State Budget. Phone: 136 186 To revive Victoria's economy, businesses and households need immediate cash-flow support and relief from financial distress. Budget Paper 5 provides the financial details of the aggregated Victorian general government sector and the broader Victorian public sector. Indeed, despite a longer period of public health restrictions in Victoria during 2020 - The debt is set to be a burden for future . The Budget papers are split into five sections and are supported by Budget Information Papers (BIPs). $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. Phone: 03 8624 5704 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. You must have JavaScript enabled to use this form. Click to DOWNLOAD Victoria State Budget 2021-2022 Summary The Rural and Regional Budget Information Paper summarises the Governments priorities for rural and regional Victoria. A key role of the PBS is to facilitate the understanding of proposed annual appropriations in Appropriation Bills No. 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. $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. Deaf, hearing or speech impaired? 2021-22 Victorian State Budget: everything you need to know 20 May 2021 economy state government - STATE AND FEDERAL BUDGETS - The State Government has handed down the 2021-22 State Budget, featuring many recommendations put forward by the Victorian Chamber to enable business, grow business and make it easier to do business in Victoria. Budget Paper 4 describes the Victorian Government's asset investment program. The full budget papers are available at https://www.dtf.vic.gov.au/state-budget/2021-22-state-budget. 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. 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. While this is expected to represent less tax payable by around 42,000 businesses, it is still well below the threshold of other states and territories which are in the $1m-$2m range. 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. Following the trend set by the Australian Government, the Victorian Budget 21/22 continues to focus on fiscal policy to generate economic growth. 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 3: Service DeliveryExternal Link (PDF, 3.2 MB), Download Budget Paper 3: Service DeliveryExternal Link (DOC, 1.1 MB). Media releases from the 2021-22 State Budget. $5.8 million tohelpthe North EastCatchment Management Authority and EastGippsland Catchment Management Authority deliver the Restoring Waterways and Catchments (bushfire recovery) project. $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. Here is a snapshot of some of the budget highlights for DJPR: 3: Service Delivery provides an overview of the goods and services funded by the Government. $76.43 million to ensure the EPA continues to provide vital regulatory functions and effectively implements Victorias new environment protection framework. $2.75 million towards the $5.5 million redevelopment of the Port Phillip EcoCentre. $527.2 million to build 13 new schools that will open in 2024, as well as additional stages at four schools. 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. However, there are very real and obvious savings that could be generated through consolidating and transforming public sector operations. $70.6M over two years for critical programs and increased demand for the Emergency Services Telecommunication Authority, Life Saving Victoria, State Control Centre, and Emergency Management Victoria. While the PAES include an Agency Resource Statement to inform Parliament of the revised estimate of the total resources available to an agency, the focus of the PAES is on explaining the changes in resourcing since the Budget. The policy will be adjusted, with a reduction in the guaranteed annual base increase from 2 to 1.5%. 3, Victorias Economic Bulletin, Volume 6, No. $24.5 million for boosting waterway health to support the long-term wellbeing and prosperity of Victorian communities who depend on healthy waterways and catchments. $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. The Gateway Review Process will also be improved to better identify risks and manage potential cost pressures. 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. This will support implementation of the Fair Jobs Code, which was flagged as a Labor election commitment in 2018, including undertaking education and compliance activities. The State Budget 2021/22 will include a significant $1.5 billion investment in rolling stock to make commuting more comfortable and reliable. Phone: 03 5172 2111 The 2021-22 Victorian Budget has been delivered with key takeaways highlighting a reliance on new taxes and an increase to existing ones. $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. 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. The VSA will provide a new focus for state-wide and local problem-solving to support skills supply, strengthen the quality of teaching and training, and drive collaborative innovation across the vocational educational and training sector. 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. This reduced compliance was previously available only to businesses with a payroll tax liability of $40,000 or less. Funding is provided to support the operation of Ethical Clothing Australia and the accreditation process for the Ethical Supplier Register. Unique Homes. $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. 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. $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. $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. since the 2020-21 Budget and $7.1 billion TEI in new capital investment. They can move to annual reporting and payment rather than monthly, from 1 July 2021. The 2021-22 Victorian state budget recognises this, and makes important new investments in mental health, as well as education and family violence prevention. 2) 20212022, Appropriation (Parliamentary Departments) Bill (No. The levy or surcharge will be 0.5% on wages in excess of $10m and 1% on those in excess of $100m. Victorian treasurer Tim Pallas is congratulated by premier Daniel Andrews after delivering the 2022 budget. The Victorian Government released its 2021-22 budget on 20 May 2021. The compliance burden has also been reduced for business that have an annual payroll tax obligation of $100,000 or less. Open: 8.30am to 4.30pm, Monday to Friday, DELWP creates thriving environments and communities. Open: 8.30am to 4.30pm, Monday to Friday, Address: 89 Sydney Rd, Benalla 3672 133 677 4, Mid-Year Financial Report (inc. Quarterly Financial Report No. This State Budget responds to the Royal Commission's recommendations. 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. 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. But I wonder whether they could have been funded equally well through other efficiency measures. $62.9 million to maintain essential energy functions while ensuring that retailers respect the rights of vulnerable customers through the Energy Fairness Plan. Here's what's in it for you. The Budget papers are split into five sections and are supported by Budget Information Papers (BIPs). $20 million for the kids free policy at Zoos Victoria on weekends, Victorian public holidays and school holidays to encourage Victorian families to visit our world class zoos. In my view, the budget does not provide sufficient investment in the programs required by the Victorian government to generate the operating efficiencies targeted in this budget, or greater. 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. 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. 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. While the full details have yet to be released, we can provide the following summary of the relevant state tax measures which have been announced. Further information can be accessed under State Budget papers. Putting Patients First | Victorian Budget 21/22 | Victorian Budget Menu Putting Patients First This is a Budget that puts patients first. The Department of Premier and Cabinet, via Digital Victoria and Service Victoria, has the largest technology programs, including: The Office of Parliament is also spending close to $9M to 1) implement cybersecurity systems testing, training and awareness programs, 2) improve incident response mechanisms, 3) embed 24-hour cyber event logging and 4) upgrade existing information and communication technology security systems. This mode of direct government spending typically stimulates economic activity in a more sustainable manner over funding programs. The funding is provided to maximise government procurement opportunities for local businesses and workers. 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. Open: 9am to 5pm, Monday to Friday, Address: 402 Mair St, Ballarat 3350 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. Read more about the mental health budget highlights. As with the previous Victorian Budget, the key feature of the 2021-22 Budget is on recovery from the economic impact of COVID-19. The 2021-22 Victorian State Budget Published: 20 May 2021 The 2021-22 Victorian State Budget has been tabled in parliament by the Treasurer, Tim Pallas MP. $616,000 to support the operation of the Geelong Authority, to provide strategies to attract investment to central Geelong and create jobs and drive growth as part of the Governments 10-year Revitalising Central Geelong Action Plan. The Victorian Budget 21/22 contains $19B in output initiatives and $7.1B in assets. Each year, the Victorian Government produces a mid-cycle review of the annual State Budget. Yes, mental health and wellbeing are critical, as highlighted by the findings from the Royal Commission, and these mental health initiatives are welcome. The measures are listed here, along with their expected start date. Open: 9am to 4.30pm, Monday to Friday, Address: 71 Hotham Street, Traralgon 3844 21 hours ago . To come into effect on 1 January 2022, this levy will apply to the Victorian wages which are paid by businesses with an Australian wages bill in excess of $10m. Assets expenditure is focussed on maintaining existing assets or creating new assets. their unique ability to care for Country and deep spiritual These services will focus on early intervention, so Victorians get the care they need much sooner to improve their wellbeing. 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. 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'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. $5.3M is provided for a project establishment team to start implementing the governments response to the inquiry into the Victorian On-Demand Workforce. 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. Funding will also include establishing a support service or agency to assist on-demand workers. This reduced compliance was previously available only to businesses with a payroll tax liability of $40,000 or less. However, it contrasts with the 9.6% jump of the Victorian public sector wages bill in the 2021/22 financial year, an increase of $2.14B from July 2021. $4 million to replace the wastewater plant and sewerage network at Mt Baw Baw Alpine Resort. $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. In 2021-22, Victoria will operate at a deficit of $11.6bn, but Mr Pallas forecast that to reduce to about $2bn in four years. Budget Paper 2 outlines the State's current and expected economic and financial performance and outlines the Government's fiscal and economic strategy. Bringing the Commonwealth Games to our regions. 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. The budget announced $180M in digital service delivery. If these changes impact your business and you would like to discuss your payroll tax situation, please contact me for an initial discussion. In addition to the estimated financial statements and notes to the accounts, it includes the supplementary uniform presentation framework tables, with chapters on state revenue, tax expenditure and concessions, contingent assets and liabilities and the public account. Download Budget Paper 4: State Capital ProgramExternal Link (PDF, 2.2 MB), Download Budget Paper 4: State Capital ProgramExternal Link (DOC, 1.9 MB). The Suburban Budget Information Paper summarises the Governments priorities for suburban Victoria, including projects in jobs, education and health. 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