Treasurer of Victoria Tim Pallas told Victorian Chamber guests that the 2023/24 Victorian Budget was “a really difficult budget” but was confident of the path ahead for business in the State.

The negatives outweigh the positive initiatives for business in the Victorian State Budget 2023-24 released today, with medium and large businesses and multiple property owners facing increased costs to repay State debt.

The Victorian Chamber of Commerce and Industry welcomes the Victorian Government announcement to replace stamp duty for commercial and industrial properties with an annual property tax.

The Victorian Chamber encourages small and large employers to nominate and have their efforts recognised at the Victorian Skills Authority’s Victorian Training Awards for 2023.

WorkCover changes announced today will see premiums increase by more than 40 per cent, changes to mental health eligibility and the creation of a new pilot program for impacted workers.

Solar power is now more accessible for small and medium businesses through measures announced in the 2023/24 Federal Budget combined with Victorian incentives.

Geelong, Bendigo, Ballarat, Gippsland and Shepparton will be on the world stage as the hosts of the 2026 Commonwealth Games.