The first official financial report for the 2017-18 financial year shows Victoria’s economy is strong and growing, with a quarterly operating surplus of more than half a billion dollars. The 2017-18 Quarterly Financial Report No. 1, tabled in Parliament today by Treasurer Tim Pallas, shows Victoria’s economy..

Mr PALLAS (Treasurer) (14:32:18) — It gives me great pleasure to rise in support of the matter of public importance because, quite frankly, the Andrews government is instituting a real change to make housing more affordable for first home buyers and also to make renting fair. Importantly,..

Mr PALLAS (Treasurer) (14:18:03) — I have great pleasure to rise to update the house about the progress of the Andrews government’s reforms to support first home owners to get into the market — and it is working. We have made very clear where we stand when it..

New figures show that more than 800,000 Victorians have no idea they have an unexpected windfall of unclaimed money being held by the State Revenue Office (SRO). Tens of millions of dollars are waiting to be claimed, ranging from $20 all the way up to..

Mr PALLAS (Treasurer) (09:45:42) — I am delighted to inform the house that recently I joined the outstanding Minister for Education to turn the sod to commence construction of Wyndham Tech School on Victoria University’s Werribee campus. Wyndham Tech School will mean so much for students, teachers..

The latest building approvals and international trade data shows Victoria’s dynamic economy continues to generate robust business activity across the state. New data from the Australian Bureau of Statistics (ABS) released today shows Victoria experienced the largest growth in September among all mainland states for..

The Andrews Labor Government is boosting Victoria’s skilled workforce by lowering the cost of employing apprentices and trainees. The Payroll Tax Act 2007 introduced into Parliament this week will exempt Group Training Organisations (GTOs) that are run as for-profit organisations from paying payroll tax on..

The Andrews Labor Government is making land valuations fairer and more consistent. Under legislation introduced into Victorian Parliament today, valuations will be conducted annually by the Valuer-General instead of by local councils every second year as they are currently. By undertaking annual valuations, land and..

The latest building approvals and international trade data shows Victoria’s dynamic economy continues to generate robust business activity across the state. New data from the Australian Bureau of Statistics (ABS) released today shows Victoria experienced the largest growth in September among all mainland states for..

Mr PALLAS (Treasurer) — I move: That this bill be now read a second time. Speech as follows incorporated into Hansard under standing orders: I am pleased to introduce this bill which amends Victoria’s taxation and valuation laws including the Congestion Levy Act 2005, Duties Act 2000,..

Mr PALLAS (Treasurer) (11:21:55) — I rise to update the house about the ongoing strength of the Victorian economy, which of course has created over 280 000 jobs since we took office, more than 170 000 of those full‑time — and they said it could not be done. Those opposite of..

The Andrews Labor Government is taking the search for future offshore gas resources to new heights by using hi-tech aircraft for aerial gravity surveying. Minister for Resources Tim Pallas announced the initiative today during an opening address to the International Mining and Resources Conference in..

The Andrews Labor Government is delivering an extra 100 residential rehabilitation beds over the next six months to deal with the devastating impacts of drug and alcohol addiction on local communities. The first 12 beds of this significant expansion are operational in the coming weeks..

The Victorian Government is boosting support to vulnerable children and families in the Werribee electorate with funding for prevention and early intervention support services. Member for Werribee Tim Pallas today announced that organisations in the Western Melbourne area will receive an additional $978,638.30 to deliver..

The Victorian Government is boosting support to vulnerable children and families in the Werribee electorate with funding for prevention and early intervention support services. Member for Werribee Tim Pallas today announced that organisations in the Western Melbourne area will receive an additional $978,638.30 to deliver..

Federalism – where to from here? Tim Pallas, Victorian Treasurer – 23 October 2017 – McKell Institute Victoria For the last 26 years, Australia has enjoyed an uninterrupted period of economic growth. This is a success unparalleled anywhere in the world. While often overlooked, one..

Today’s CommSec State of the States report shows Victoria leading the nation in construction work, just days  after the Australian Bureau of Statistics confirmed more jobs had been created in Victoria during the past year than any other state. The October CommSec report shows construction..

Victoria’s jobs boom continues, with jobs growth continuing to climb and the State seeing the highest annual employment surge in the nation. A total of 114,400 jobs were created in the 12 months to September according to the Australian Bureau of Statistics (ABS). Since the..