Contentious tax reforms unveiled in the Victorian budget are set to pass state parliament with the support of the Greens.
Victorian businesses with national payrolls above $10 million and multiple property owners will be taxed over 10 years to repay $31.5 billion in COVID-related debt.
The state government set up a task force to address the housing crisis and the Greens have secured a commitment the group will look at rental safeguards in exchange for supporting the taxation bill.
The Greens say the task force will consider measures such as a cap on rent increases, regulation of short-term accommodation such as Airbnbs and strengthening the state's vacancy tax.
Victorian Greens treasury spokesman Sam Hibbins said government action is needed to address soaring rents.
"People who rent their home need urgent reforms to address the housing crisis, and can't afford another year of government inaction," he said.
Housing Minister Colin Brooks noted the task force was established some time ago and not to broker a deal with the Greens.
"I wouldn't say that the Greens are responsible for very much at all in terms of housing policy, but I think the government's agenda is a strong one," Mr Brooks told reporters on Tuesday morning.
The State Taxation Acts Amendment Bill 2023 and Victorian Future Fund Bill 2023 are expected to debated and voted on by the upper house this week.
With the backing of the Greens, the Andrews government needs the support of two more crossbenchers for the bills to pass.
The payroll tax changes for businesses are slated to kick in from July 1, while a land tax shake-up would take effect on January 1 next year.
Another measure includes removing the longstanding payroll tax exemption for some "high fee" non-government schools, which has angered the Catholic and independent schools sector.
