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State Budget

Victorian State Budget 2020-21 updates

Victorian State Budget 2020-21 updates

The Victorian State Budget for the 2020-21 year has been much awaited in light of the recent Covid-19 pandemic. The budget focused on promoting investment into housing and planning, rebuilding the state and its economy.

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Is this the death of property development agreements? – The new Victorian economic entitlement provisions

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Is this the death of property development agreements? – The new Victorian economic entitlement provisions

The 2019 Victorian budget contained a sleeper in the form of the amendments to the Victorian economic entitlement provisions.

Regional Victoria Wins; Foreigners, Developers and Others Lose – Tax Measures In Victorian 2019/20 State Budget

Regional Victoria Wins; Foreigners, Developers and Others Lose – Tax Measures In Victorian 2019/20 State Budget

The Victorian 2019/20 State Budget was announced yesterday, with positive wins for Regional Victoria. The proposed measures contain an increase in taxes for foreigners holding property in Victoria, as well as measures broadening the application of land transfer (stamp) duty.