From au.andersen.com: Jaclyn Symes MP delivered the first Victorian State Budget as the state’s first female Treasurer on 20 May 2025, focusing on cost-of-living relief, healthcare, and essential services.… read more
From alvarezandmarsal.com: Treasurer Jaclyn Symes introduces the first Allan Labor Government Budget for Victoria, focusing on financial management and investment in essential services.
The budget projects total revenue growth and outlines key tax updates, including the transition from the Fire Services Property Levy to the Emergency Services and Volunteers Fund.… read more
From pwc.com.au: The 2025-26 Victorian State Budget emphasises supporting cost-of-living, enhancing infrastructure and healthcare, and improving education.
Projected total revenue and expenditure for 2025-26 are $108.3bn and $107.7bn, respectively, with a focus on returning to operating surplus and reducing net debt to GSP ratio.… read more
From www.pitcher.com.au: In December 2024, the Victorian government announced changes to the congestion levy set to take effect on January 1, 2026, which include significant rate increases and an expansion of levy areas.… read more
From pitcher.com.au: Victoria’s budget recovery heavily depends on property taxes, though this reliance may deter investors due to tax instability.
The state faces significant fiscal challenges with a projected net debt of $194 billion by 2029, demanding strategic economic planning.… read more
From bdo.com.au: The Victorian State Budget 2025-26 introduces no new taxes while implementing spending cuts and inflation adjustments.
A new Emergency Services and Volunteers Fund Levy replaces the Fire Services Property Levy, significantly impacting rural communities.… read more
From pitcher.com.au: Starting 1 July 2025, the new Emergency Services and Volunteers Fund Levy will replace the current Fire Services Property Levy in Victoria, introducing changes like an increased variable charge and a rebate for eligible volunteers.… read more
From www.pitcher.com.au: The Victorian government has announced a 12-month extension of the off-the-plan duty concession, allowing property contracts entered into between 21 October 2025 and 20 October 2026 to benefit from the expanded concession.… read more
From pwc.com.au: The 2025-26 Northern Territory Budget prioritises safety, security, and law and order, while also focusing on health, infrastructure, and cost-of-living measures.
Despite a projected deficit of $265 million, the government anticipates increased GST, taxation, and royalty revenues, with a return to surplus expected by 2027-28.… read more
From www.claytonutz.com: Queensland’s proposed Planning (Social Impact and Community Benefit) and Other Legislation Amendment Bill 2025 mandates that large-scale solar and wind farm developments conduct a social impact assessment and enter into a community benefit agreement as part of their development applications.… read more
From: www.grantthornton.com.au: The newly elected Country Liberal Party has presented its first budget for the Northern Territory, focusing on reducing crime and increasing public service costs while projecting net debt to rise significantly over the next few years.… read more
From brokerdaily.au: The Victorian Labor government is investing $61 million to extend stamp duty concessions for off-the-plan purchases, aiding young buyers and supporting the construction industry.… read more
From alvarezandmarsal.com: Treasurer Bill Yan has unveiled the 2025-26 Northern Territory Budget, emphasising crime reduction, economic rebuilding, and community well-being while managing rising debt levels.… read more
From www.theadviser.com.au: Victoria’s Labor government has announced a one-year extension of the stamp duty concession scheme for off-the-plan properties, investing $61 million to reduce upfront costs for homebuyers.… read more
From holdingredlich.com: NSW Parliament passed the Environmental Planning and Assessment Amendment Bill 2025 to amend the Environmental Planning and Assessment Act 1979, aiming to restore certainty in planning decisions.… read more