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The Latest Breaking News from Tim Pallas

'Deep honour': Allan ascends as Victorian premier

Victoria has its first female premier in decades, with Jacinta Allan sworn in as premier, replacing Daniel Andrews after his sudden exit from politics.

AAP

Jacinta Allan named as new premier of Victoria

Labor MPs appoint Daniel Andrews’ deputy to replace him, making her the state’s first female premier in three decades

The Guardian - AU

Jacinta Allan expected to be appointed Victorian premier amid Labor factional fight

Socialist left ally of Daniel Andrews is seen as his successor, but factional battles for deputy leader are expected on Wednesday

The Guardian - AU

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Victoria defines high-fee schools as those costing over $15,000 in tax war retreat

Treasurer says payroll tax will apply to less than 10% of the state’s private school sector – and bring in $100m less than originally budgeted

The Guardian - AU

Watered down Victorian schools tax to cost budget $100m

Fewer Victorian non-government schools will be stripped of their longstanding payroll tax exemption than first thought, ripping $100 million from the budget.

AAP

Victoria to consider rent caps and taxes on Airbnb owners to ease rental crisis

Exclusive: Greens will support Labor’s state budget in exchange for measures as Yarra council creates emergency fund to help with cost of living

The Guardian - AU

Report: Victoria’s debt is heading towards $305 billion

Victoria's net debt will rise to $305.3 billion if the government doesn't start to pay off its borrowings, the independent budget watchdog has warned. The

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Class war, aspiration and the politics of property: the heated debate over the Victorian budget

The Liberal party has successfully prosecuted Labor for stifling aspiration for decades, but it may not work in in this economy

The Guardian - AU

Debt-hit Victoria must press on with big build: Andrews

Victorian Premier Daniel Andrews has pushed back on suggestions his government should have cut spending on major projects to tame record debt.

AAP

About 300,000 Victorians who use negative gearing could claim land tax hikes as deductions

Premier says levy is ‘tax deductible’ as ATO says 304,942 Victorians used negative gearing in 2019/20

The Guardian - AU

Concerns Victorian budget's new land tax will be passed onto renters

There are fears landlords will pass on the cost of a new land tax introduced in the Victorian state budget onto renters, a concern the treasurer has rejected as "specious logic".

ABC News

Daniel Andrews’ balancing act: the politics of targeting taxes at big business and ‘landlords’

This is not the first time the Victorian government has targeted taxes at specific groups in its budget to help fund reforms

The Guardian - AU

Victorian state budget 2023: Winners and losers

See how the Victorian government prioritised spending in its post-election budget.

ABC News

Victorian businesses, landlords slugged for $31.5b COVID budget debt

Large businesses and landlords will foot most of Victoria's COVID-19 debt bill under a $31.5 billion state budget repayment plan.

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The Guardian - AU

Victorian budget 2023: big business, property investors and private schools targeted to pay state’s Covid debts

Victoria treasurer Tim Pallas unveils plan to cut up to 4,000 public service jobs and raise taxes on ‘those with an ability to pay’

ABC News

Victorian budget 2023 hits big business and landlords to pay back COVID-19 debt

Big businesses, holiday-home owners and landlords will be asked to foot the bill for the Victorian government's COVID-19 debt, as part of a 10-year budget repair plan unveiled in the state budget.

The Guardian - AU

Victoria state budget winners and losers: free kinder, new taxes on businesses and the end to native timber logging

Families with young children and hospitals to benefit, while big businesses and property investors hit with new taxes

The Guardian - AU

Spy boss says terrorism threat lower – as it happened

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The Guardian - AU

‘Big business’ to be hit with new levy in Victorian state budget to help fund Covid recovery

Treasurer Tim Pallas to hand down ninth budget on Tuesday with all eyes on debt recovery plans

AAP

Public service faces cuts as Vic budget handed down

Treasurer Tim Pallas will hand down his ninth Victorian budget, as the state tries to pay down mounting debt without hurting families.

The Guardian - AU

The great Victorian budget mystery: who will repay its massive ‘Covid debt’?

For once the Andrews government has largely avoided major announcements ahead of Tuesday’s state budget

AAP

Unpleasant budget looms as Victoria eyes soaring debt

There are not many pleasant ways for Victoria to bring its perilous financial position under control ahead of the state budget, a leading economist says.

AAP

Vic projects worth billions could face budget chop

Victoria's independent Parliamentary Budget Office has identified 372 programs at risk of being cut in the state budget unless extended by Treasurer Tim Pallas.

AAP

Public servants' wages boosted under policy change

An updated wages policy for Victoria's public sector workers will see annual wage increases bumped up to 3 per cent, the government has announced.

AAP

Thousands of public sector jobs could go in Victoria

The public sector union is calling on the Victorian government to cut costs elsewhere so jobs can be protected.

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