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The Latest Breaking News from Tim Pallas

Real-time spending tracker plan for growing state debt

Victoria's opposition is spruiking a financial integrity plan featuring an online public spending tracker and intergenerational report to tackle state debt.

AAP

Victoria rolls out stamp duty concessions for off-the-plan homes in bid to boost housing development

Premier announces stamp duty cut on off-the-plan apartments, townhouses and units purchased in next year

The Guardian - AU

Liberals float revival of contentious toll road project

Victorian Opposition Leader John Pesutto is eyeing a revival of plans to build an underground road tunnel to connect Melbourne's Eastern Freeway to CityLink.

AAP

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Vic treasurer's plea to police amid industrial action

Victoria's treasurer has taken aim at police pursuing industrial action and has urged them to think about the consequences ahead of major events in the state.

AAP

Top cop slams 'hypocrite' activists after violent rally

Dozens of police and protesters have been injured in violent scenes outside a weapons convention in Melbourne with missiles thrown and rubber bullets fired.

AAP

Victoria spends $15 million to police anti-war protest

A Victorian MP will skip parliament to join a major anti-war protest, which the state's treasurer has confirmed will cost up to $15 million to police.

AAP

Plan to cap international students ‘fundamentally destructive’ for state’s finances, Victorian treasurer says

Tim Pallas warns of an ‘adverse effect’ as the Albanese government faces opposition from the Greens and its own state ranks

The Guardian - AU

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New powers for councils to cap short-term accommodation as Victoria moves to 7.5% ‘Airbnb tax’

State treasurer says levy will help in ‘getting the balance right’ for mix of housing and prioritising long-term rentals

The Guardian - AU

Suburban Rail Loop cash gap may threaten credit rating

Global agency S&P has warned Victoria's credit rating could dive further if the state is forced to foot the rest of the bill for the Suburban Rail Loop.

AAP

Tax hikes not ruled out to fund $1.5b hospitals top-up

Treasurer Tim Pallas has conceded budget "adjustments" will be needed to accommodate a $1.5 billion one-off funding boost for Victorian hospitals.

AAP

Jacinta Allan’s message is clear: Melbourne airport has missed its chance to fast-track rail link

The Victorian government is now full throttle into the Suburban Rail Loop, the premier says

The Guardian - AU

Treasurer admits lack of Indigenous staff unacceptable

Victoria's treasurer has revealed his department employs just one First Nations person as he flags potential long-term budget changes.

AAP

For women fleeing violence, this service is vital - why is it begging for funding?

'I don't wish that for anyone, even my worst enemy.'

Newcastle Herald

Airport accused of blocking rail line over parking cash

Rank-and-file Labor members have rebuked the Victorian government and Melbourne Airport over a long-running stand-off delaying a much-anticipated train line.

AAP

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AAP

Building inflation won't hit rail loop price: treasurer

The Victorian government is confident it can convince Infrastructure Australia the Suburban Rail Loop stacks up and is sticking to its original costing.

The Guardian - AU

Victorian treasurer threatens to consider train station for Avalon amid dispute with Melbourne Airport

Tim Pallas’ comments come after government delayed Melbourne Airport rail project by four years

The Guardian - AU

Afternoon Update: US paused weapons shipment to Israel; Hunter Valley bus driver plea deal; and the life expectancy of cats

Senior US official says shipment of bombs was paused last week after review of weapons that might be used in Rafah

AAP

Treasurer talks tough as airport rail stoush deepens

A fresh shot has been fired at Melbourne Airport by Victoria's treasurer who suggests the government could partner with a rival if it doesn't deliver projects.

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AAP

Interest bill piling up on Victoria, state budget shows

Treasurer Tim Pallas is playing down Victoria's skyrocketing interest bill, with $9.4 billion to be ripped from state coffers annually within four years.

AAP

Few sweeteners but students to reap Vic budget windfall

Victorian school students and would-be home owners are among the winners of the 2024/25 budget but they are few and far between as the state's belt tightens.

The Guardian - AU

Victoria state budget 2024 winners and losers: $400 for school students, home buyer fund boost and increased levies

Government to expand shared-equity scheme for home buyers but will delay long-awaited airport train

The Guardian - AU

Victorian state budget 2024: airport train delayed and sick leave for casuals scrapped in bid to rein in debt

Government to also provide $400 for each public school student as Tim Pallas hands down his 10th state budget

AAP

Project cuts and delays but Vic debt to soar higher

Melbourne Airport Rail has failed to take off, a medical precinct been abandoned and sick pay for casual workers dumped in a Victorian budget with few winners.

AAP

Victorian budget a family affair, but details scant

The Victorian budget remains cloaked in secrecy but shapes as a no-frills affair as the government tries to combat rising debt and infrastructure blowouts.

The Guardian - AU

If Jacinta Allan isn’t Daniel Andrews, her first budget should show Victorians exactly who she is

A huge infrastructure agenda helped win Andrews three elections but the priority now for the state – and new premier – is the housing crisis

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