Open: 9am to 4.30pm, Monday to Friday, Address: 71 Hotham Street, Traralgon 3844 Budget Paper No. $8.4 million to ensure water markets are working effectively for irrigation communities and provide extension services to capture the benefits of the Goulburn Murray Water Efficiency Project. The Victorian Budget 2022/23 includes a range of initiatives demonstrating the Victorian Government's commitment to equality for all Victorians. The Final Budget Outcome (FBO) encompasses Australian Government general government sector fiscal outcomes for the financial year and is based on external reporting standards. 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. 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 Secretary Department of Treasury and Finance 1 Treasury Place Melbourne, Victoria, 3002 Australia . For regional employers, from 1 July 2021, the payroll tax rate is reduced from 2.02% to 1.2125%. knowledge and wisdom has ensured the continuation of Phone: 03 8624 5704 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 is also allocated to continue St Kilda Road tram services during construction of the Melbourne Metro Tunnel. 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. Local news, sports, business, politics, entertainment, travel, restaurants and opinion for Seattle and the Pacific Northwest. 67% Those employers that did defer 2020/21 liabilities must still pay the first quarterly instalment by 7. 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. The Secretary Department of Treasury and Finance 1 Treasury Place Melbourne, Victoria, 3002 . $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. The measures are listed here, along with their expected start date. The Mid-Year Economic and Fiscal Outlook (MYEFO) updates the economic and fiscal outlook from the previous budget. Download Budget Paper 2: Strategy and OutlookExternal Link (PDF, 1.6 MB), Download Budget Paper 2: Strategy and OutlookExternal Link (DOC, 946 KB). You should only rely on the exact detail of the changes once the legislation is passed. From 1 July 2021, the payroll tax-free threshold is increased from the current level of $650,000 to $700,000. However, there are very real and obvious savings that could be generated through consolidating and transforming public sector operations. 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