State and Federal Budgets

State and Federal Budgets

In the lead up to each State and Federal budget, the Victorian Chamber advocates for pro-business policies and programs to benefit our members.

The recommendations we make lower business costs and underpin economic activity, investment and job creation. Our commentary on State and Federal budgets provides members with timely analysis and advice that will impact their organisations.

2020-2021 State Budget

The Victorian Chamber welcomed the 2020-21 State Budget handed down on 24 November 2020, delivering initiatives which support a jobs-led economic recovery and putting Victorian business and workers first.

The Government responded to business’ needs and direct feedback from the Chamber on behalf of its members. The budget reflects the Chamber’s pre-budget submission and continued advocacy on behalf of members.

 

Click below to download the full VCCI Budget Overview and Budget outcomes for business documents and view other related news.

 

Related News:

2021 Victorian State Budget: building confidence, business, jobs

State Budget submission 2020-21: Victoria’s opportunity for recovery

The state of Victoria: where we are, where we’re heading, and what we need to get there

The biggest issues Victorian businesses are facing right now

 

We recently spoke to Victorian Chamber members, Glen Dorey (R & L Smith Plumbing), Peter Jackson (Peter Jackson Electrical), Fiona and Bernie Sombekke (SOM Blinds), and Angela Fayth (Energia Studios) to hear what is most important to them in the recovery phase off the back of the 2020-21 State Budget announcement. Check out their thoughts below.

 


 

2020-21 Federal Budget

The 2020-21 Federal Budget delivers much-needed support for the survival and recovery of Victorian businesses. Several measures that were announced on 6 October 2020 were closely aligned with the Victorian Chamber’s advocacy. For a full summary of the Budget, click the below link.

 

Member feedback is central to our advocacy activities. Talk to us about your business challenges to inform policy, and form a stronger Victoria.