There are fears landlords will pass the cost of a new land tax introduced in the Victorian state budget onto renters, a concern the treasurer has rejected as "specious logic".
Treasurer Tim Pallas's ninth budget is defined by belt-tightening measures in an effort to rein in ballooning debt at the start of his government's third term.
Key to the state government's 10-year fiscal repair plan is a COVID debt levy to be imposed on big businesses, holiday-home owners and landlords.