$1.5 million to continue the delivery of safe powerlines to the Victorian community, including a business case development for future technology-led investment that reduces powerline-related bushfire risk. Each year, the Victorian Government produces a mid-cycle review of the annual State Budget. The 2021-22 Victorian Budget has been delivered with key takeaways highlighting a reliance on new taxes and an increase to existing ones. Please contact the National Relay Service on The funding is provided to maximise government procurement opportunities for local businesses and workers. But the budget is optimistic that the state will bounce back, and is tipping a return to a surplus of about $650 million in 2025/26. We honour Elders past and present whose From 1 July 2021, the payroll tax-free threshold is increased from the current level of $650,000 to $700,000. $341 million in programs that will protect our climate future, enhance and care for our forests, parks and wildlife while supporting Victorians to continue to enjoy the outdoors. Victorian treasurer Tim Pallas is congratulated by premier Daniel Andrews after delivering the 2022 budget. Funding is also provided to sustain the tram Automatic Vehicle Monitoring system, which manages and monitors tram services. Unique Homes. Budget Paper No. Phone: 03 5761 1611 Agencies receive resources from the annual appropriations acts, special appropriations (including standing appropriations and special accounts), and revenue from other sources. 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. 3: Service Delivery provides an overview of the goods and services funded by the Government. This reduced spend is part of the Victorian governments strategy to achieve base review savings of $1.7B over four years. $8.74 million over 2 years for the Conservation Regulator to ensure the effective regulation and protection of Victorias wildlife and forests. Yes, mental health and wellbeing are critical, as highlighted by the findings from the Royal Commission, and these mental health initiatives are welcome. 5: Statement of Finances provides the financial details of the aggregated Victorian general government sector and the broader public sector. Here is a snapshot of some of the budget highlights for DJPR: 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. A payroll tax credit for businesses with payrolls less than $10 million whose Victorian taxable wages increase in 2020-21 and 2021-22 applies to the 2020-21 and 2021-22 payroll tax . Its our Pandemic Repair Plan for more staff, better hospitals and first-class care. 2. The Suburban Budget Information Paper summarises the Governments priorities for suburban Victoria, including projects in jobs, education, health, emergency services and infrastructure investment. The initiatives summarised below focus only on the headline opportunities for businesses to seek to work and engage with the Victorian government. 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. Treasurer of the State of Victoria Victorian Budget 2021/22 SERVICE DELIVERY Budget Paper No. 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. Those employers that did defer 2020/21 liabilities must still pay the first quarterly instalment by 7. However, there are very real and obvious savings that could be generated through consolidating and transforming public sector operations. 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. This includes funding for the Office of Projects Victoria to identify and remove barriers to construction efficiency. From 1 July 2021, the payroll tax-free threshold is increased from the current level of $650,000 to $700,000. $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. Improving our states planning system and speeding up the delivery of housing and infrastructure projects in our growing communities. The Mid-Year Economic and Fiscal Outlook (MYEFO) updates the economic and fiscal outlook from the previous budget. Budget Paper 5 provides the financial details of the aggregated Victorian general government sector and the broader Victorian public sector. Local news, sports, business, politics, entertainment, travel, restaurants and opinion for Seattle and the Pacific Northwest. 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. up close to communities or when weather conditions are not suitable). Continuing our leadership in transforming the way that we generate, consume, and even think about energy. their unique ability to care for Country and deep spiritual $41.65 million has been provided for a range of initiatives to assist communities impacted by the 2019-20 Victorian bushfires. Download Budget Paper 2: Strategy and OutlookExternal Link (PDF, 1.6 MB), Download Budget Paper 2: Strategy and OutlookExternal Link (DOC, 946 KB). 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. You must have JavaScript enabled to use this form. Indeed, despite a longer period of public health restrictions in Victoria during 2020 - $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. If these changes impact your business and you would like to discuss your payroll tax situation, please contact me for an initial discussion. 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 . We are committed to genuinely partner, and meaningfully Overall, it feels like the Victorian Budget 21/22 has fallen a little short of the mark from a business and industry perspective. These benefits then flow down the business food chain. The full budget papers are available at https://www.dtf.vic.gov.au/state-budget/2021-22-state-budget. $3.05 million to fund the review of the 1975 Wildlife Act to better protect our wildlife and align withtheprinciples and features ofcontemporarylegislation such as transparency and accountability. Budget Paper No. If these changes impact your business and you would like to discuss your payroll tax situation, please contact me for an initial discussion. The Victorian Budget 2022/23 includes a range of initiatives demonstrating the Victorian Governments commitment to equality for all Victorians. Find further information about our office locations, Address: 8 Nicholson St, Melbourne 3000 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. 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. 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. 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. The Victorian Skills Authority (VSA) will support implementation of the Skills for Victorias Growing Economy review recommendations. There is also some much-needed leadership on climate action, which young people see as essential to their future. Phone: 03 5430 4444 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. Visit the Victorian Budget website for more information. Featured videos. Download Budget Paper 1: Treasurer's SpeechExternal Link (PDF, 493 KB), Download Budget Paper 1: Treasurer's SpeechExternal Link (DOC, 97 KB). $1.1 billion now forecast in 2022-23. The purpose of the Portfolio Budget Statements (PBS) is to inform Senators and Members of Parliament of the proposed allocation of resources to government outcomes by agencies within the relevant portfolio. This will encourage new jobs and integrate more large-scale renewables and distributed energy resources in Victoria. The Budget Overview summarises the States economic and fiscal outlook, and the Governments strategic priorities and objectives. Budget Paper No. Federal and State Budgets Parliament Sitting Dates Bolster your government market strategy Intermedium connects the dots between government spending and supplier opportunities, taking the guesswork out of the market and strengthening your next bid or proposal. > Victorian State Budget 2021-22: Significant Tax Changes & Their Impact On Private Business On 20 May 2021, State Treasurer Tim Pallas handed down the 2021/22 Victorian state budget. However, a threshold of $10M means the levy will impact an estimated 9000 businesses, many of which could best be described as only medium-sized. 2, Victorias Economic Bulletin, Volume 6, No. $40.6M, over four years, has been allocated to maximising local jobs and local content. 67% The 2021-22 Victorian State Budget invests a record $3.8 billion in mental health and wellbeing. 3: Federal Financial Relations, Appendix B: Total payments to the states by function*, Appendix E: Appropriations and conditions*, Building a more secure and resilient Australia, Mid-Year Economic and Fiscal Outlook 202122, Part 1: Australian Government Budget Outcome 202122, Part 2: Australian Government Financial Statements, Part 3: Australias Federal Financial Relations, Part 3: Australias Federal Financial Relations - Attachment A, Appendix A: Expenses by Function and Sub-function, Appendix B: Historical Australian Government Data, Agriculture, Water and the Environment Portfolio, Education, Skills and Employment Portfolio, Industry, Science, Energy and Resources Portfolio, Infrastructure, Transport, Regional Development and Communications Portfolio, Department of the House of Representatives. $527.2 million to build 13 new schools that will open in 2024, as well as additional stages at four schools. 2. 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. It's our Pandemic Repair Plan for more staff, better hospitals and first-class care. The Victorian Government acknowledges Aboriginal Traditional Owners of Country throughout Victoria and pays respect to their cultures and Elders past, present and emerging. Explore our solutions Win more government business and contracts. The Office of the Local Jobs First Commissioner and Industry Capability Network Victoria will be resourced to oversee and enforce compliance with the Local Jobs First Act 2003 and the Local Jobs First Policy. Following the trend set by the Australian Government, the Victorian Budget 21/22 continues to focus on fiscal policy to generate economic growth. Payroll tax. The Victorian Budget 2022/23 invests $1.8 billion to build new schools and improve existing schools to ensure our kids have the bright futures they deserve. 2 outlines the State's current and expected economic and financial performance and outlines the Government's fiscal and economic strategy. The Gateway Review Process will also be improved to better identify risks and manage potential cost pressures. The ESC will also report on the outcomes of these trials and make recommendations to the government on ways to further reduce red tape for the energy sector. $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. The debt is set to be a burden for future . The government states that this new levy is targeted towards those large organisations that can absorb it. A shift which may have implications for medical practices in regard to payroll tax obligations. The deficit is projected to shrink to $7.9 billion in 2022-23, $3.3 billion then $1.1 billion before building to an operating surplus of $650 million by midway through 2026. engage, with Victorias Traditional Owners and Aboriginal This mode of direct government spending typically stimulates economic activity in a more sustainable manner over funding programs. The Budget papers are split into five sections and are supported by Budget Information Papers (BIPs). Open: 9am to 4.30pm, Monday to Friday, Address: 71 Hotham Street, Traralgon 3844 The Victorian Budget 2022/23 includes a range of initiatives demonstrating the Victorian Government's commitment to equality for all Victorians. $133.5 million has been allocated to upgrade digital radios for Forest and Fire Management Victoria staff and Country Fire Authority volunteers. Funding is also provided to establish the Fair Jobs Code Unit in the Department of Jobs, Precincts and Regions. Victorian State Budget 2021-22 announcements. 4), A starter guide to financial management in government, Financial reporting directions and guidance, Annual leave and long service leave arrangements, Standing Directions 2018 Under The Financial Management Act 1994, Planning, Budgeting and Financial Reporting Frameworks, Corporate planning and performance reporting requirements, Financial management annual compliance reports, Victorian risk management framework and insurance management policy, Machinery of government changes - VPS operating manual, Barwon Water Biosolids Management Project, Biosciences Research Centre Project (AgriBio), Fulham Correctional Centre Contract Extension Project, Ground Lease Model project (Public Housing Renewal Program - Package 1), Melbourne Exhibition Centre Expansion Project, Port Phillip Prison Contract Extension Project, Royal Melbourne Showgrounds Redevelopment, Partnerships Victoria - Excellence in public private partnerships, Investment lifecycle and high value high risk guidelines, Gateway key decision points, guidance and templates, Book an investment management standard facilitator, Applications of the investment management standard, Licence to use the investment management standard materials, Investment management facilitator training and accreditation, Legislation, policy and public construction, Ministerial Directions and Instructions for public construction procurement, Purpose of these Directions (Direction 1.1), Application of these Directions and the Instructions (Direction 1.3), Complying with International Agreements (Direction 2.1 and Instruction 2.1), Complying with International Agreements (Attachments 1 and 2 to Instruction 2.1), Tender preparation and planning (Direction 3.1 and Instruction 3.1), Competition and contestability (Direction and Instruction 3.2), Promoting efficiency in the tender process (Direction and Instruction 3.3), Tender Notices (Direction and Instruction 3.4), Tender Documentation (Direction and Instruction 3.6), Evaluation criteria (Direction and Instruction 3.7), Mandatory evaluation criteria for occupational health and safety management (Attachment 1 to Instruction 3.7), Mandatory evaluation criteria for industrial relations management (Attachment 2 Instruction 3.7), Probity requirements (Direction and Instruction 4.1), Managing probity in Public Construction Procurement (Direction and Instruction 4.2), Forward notices (Direction and Instruction 5.1), Publishing details of procurement undertaken (Direction and Instruction 5.2), Disclosure of contracts and variations to contracts (Attachment 1 to Instruction 5.2), Use of Registers and Supplier Panels (Direction and Instruction 6.1), Contracting requirements (Direction and Instruction 7.1), Contractual terms and conditions (Direction and Instruction 7.2), Compliance with policy requirements (Attachment 2 to Instruction 7.2), Debrief for tender participants (Direction and Instruction 8.1), Supplier performance and shared reporting regime (Direction and Instruction 8.2), Public Construction Procurement Committee (Direction 8.4), Standards for public construction (Direction and Instruction 9.1), Responsibilities of the Accountable Officer (Direction 10.1), Definitions for public construction procurement, Public Construction Procurement Committee, Practitioners Toolkit - Guidance for public construction procurement, Guiding principles (Public construction - Guidance 1.2), Application of the Directions and Instructions (Public construction - Guidance 1.3a), Defining public construction (Public construction - Guidance 1.3b), Exemptions (Public construction - Guidance 1.4), Tender preparation and planning (Public Construction Guidance 3.1), Competition and contestability (Public Construction Guidance 3.2.1), Limited Tenders (Public Construction Guidance 3.2.2), Promoting efficiency in the tender process (Public Construction Guidance 3.3), Tender Notices (Public Construction Guidance 3.4), Tender open times (Public Construction Guidance 3.5), Tender Documentation (Public Construction Guidance 3.6), Evaluation criteria (Public Construction Guidance 3.7), Probity apply public sector values (Public Construction Guidance 4.1.1), Probity treat tender participants fairly and equally (Public Construction Guidance 4.1.2), Probity maintain confidentiality of tender participants confidential information (Public Construction Guidance 4.1.3), Probity auditable, accountable and transparent tender and contract management processes (Public Construction Guidance 4.1.4), Probity identify and manage conflicts of interest (Public Construction Guidance 4.1.5a), Probity commitment from tender participants (Public Construction Guidance 4.1.5b), Managing probity in Public Construction Procurement (Public Construction Guidance 4.2), Forward notices (Public Construction Guidance 5.1), Publishing details of procurements undertaken (Public Construction Guidance 5.2), Use of Registers and Supplier Panels (Public Construction Guidance 6.1), Contracting requirements (Public Construction Guidance 7.1), Compliance with legislative and policy requirements (Public Construction Guidance 7.2.1), Non-Standard Commercial Arrangements (Public Construction Guidance 7.2.2), Debrief for tender participants (Public Construction Guidance 8.1), Supplier performance and shared reporting regime (Public Construction Guidance 8.2), Complaints (Public Construction Guidance 8.3), Responsibilities of the Accountable Officer (Public Construction Guidance 10.1), Delegation (Public Construction Guidance 10.2), Practitioners Toolkit Standard form contracts, Practitioners Toolkit Standard form contracts - Clause bank, Practitioners Toolkit - Tools and templates, Practitioners Toolkit - Fact sheets for public construction procurement, For suppliers - Engaging with government on construction projects, Asset management accountability framework, Bid cost reimbursement for major construction projects, Access the Construction Supplier Register, Access public list Construction Supplier Register, Login access to the Construction Supplier Register for departments, Applying for pre-qualification Construction Supplier Register, Applying for pre-qualification Construction Supplier Register - category Low value works projects, Construction Supplier Register categories for suppliers of construction services, Construction Supplier Register categories for suppliers of works, Conditions of pre-qualification to Construction Supplier Register, Eligibility criteria for Construction Supplier Register, Eligibility criteria for Construction Supplier Register sub-category Cladding rectification, Eligibility criteria for Construction Supplier Register category Low value works projects, Complaint management procedure Construction Supplier Register, Contact the Construction Supplier Register, Residential Cladding Rectification Register, Access the Residential Cladding Rectification Register, Applying for pre-qualification Residential Cladding Rectification Register, Residential Cladding Rectification Register categories for suppliers of construction services, Residential Cladding Rectification Register categories for suppliers of works, Conditions of pre-qualification to Residential Cladding Rectification Register, Eligibility criteria for Residential Cladding Rectification Register, Contact Residential Cladding Rectification Register, Automatic Mutual Recognition of Occupational Licensing, Community Support Fund financial overview 2018-19, Community Support Fund financial overview 2017-18, Community Support Fund financial overview 2016-17, Community Support Fund financial overview 2015-16, Community Support Fund financial overview 2014-15, Information for Victorian departments and agencies, Inquiry into economic equity for Victorian women, Principles of Partnerships Addressing Disadvantage, Victorian Government Climate-related Risk Disclosure Statement, Victorian Public Service Enterprise Agreement 2020, Department of Treasury and Finance Victoria. $10 million to support the delivery of the Climate Change Strategy and seizethe economicopportunities of the transition to netzero emissions. $37.92 million will allow for the delivery of community-centred Forest Management, empower Traditional Owners to manage Country and continue the important work currently underway. 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