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The Latest Breaking News from Tim Pallas

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

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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.

The New Daily

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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’

The Guardian - AU

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.

ABC News

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

This blog is now closed.

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

The Guardian - AU

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.

AAP

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

The Guardian - AU

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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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The Guardian - AU

Three-year wait for surgery for fractured hips sign of Victoria’s ‘broken public healthcare system’

A 25-year-old man who was hit by a car and can no longer walk was put on a waiting list after surgeon assessed his injury as least urgent

AAP

Fresh push for changes to 'distorted' GST system

The distribution of GST among states is an "affront to decency" and must be rectified by the federal government, Victorian Treasurer Tim Pallas says.

ABC News

IBAC says former Labor minister Theo Theophanous 'improperly' lobbied for developer

IBAC finds Theo Theophanous lobbied on behalf of a Chinese-backed development consortium that donated to his daughter's election campaign.

AAP

Electric vehicle tax hearing recharges political row

A battle between state and federal governments over how electric vehicle owners will be charged for using roads continues inside and outside the courtroom.

AAP

Work starts on nation-first mRNA facility

Biotech giant Moderna's first mRNA vaccine facility in Australia is due to open in 2024, and will produce 100 million vaccine doses per year.

AAP

Two fresh faces to join Vic Labor cabinet

A Victorian government minister has been dumped to make room for two cabinet newcomers after seven Labor MPs shifted their factional allegiance.

The Guardian - AU

Victoria’s major parties look to contingency funds as part of election commitment costings

Both Labor and the Coalition claim they could achieve forecast surpluses after releasing their costings

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