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The Latest Breaking News from Tim Pallas

‘Don’t be fooled’: Victorian Labor is spruiking feel-good budget policies, but there are hints of cuts to come

The premier has been upbeat but there are signs of cuts to come, and one analyst warns the state’s financial strategy needs a ‘course correction’

The Guardian - AU

Credit watchers keep eagle eye on state budget debut

One state's taxpayers could soon be forking out $25 million a day in interest with credit rating agencies looking for fiscal discipline in the upcoming budget.

AAP

Victoria to axe thousands of public service jobs as treasurer warns of ‘difficult decisions’

Independent review asked to recommend cuts to public service to reduce workforce by 5%-6%

The Guardian - AU

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Public service jobs face axe in fresh bid to fix budget

Up to 3000 public service jobs are set to be slashed as a state seeks to burst its ballooning wage bill ahead of the budget.

AAP

Ballots and barbs in by-election litmus test for Labor

State Liberals hope voter frustration over living costs and crime will deliver them upsets in two by-elections being held at once in capital city suburbs.

AAP

How two byelections could shape Labor and the Greens in Victoria

Despite their differences, voters in the Werribee and Prahran byelections could hold the key for Jacinta Allan’s Labor government

The Guardian - AU

Double polls as former treasurer's seat up for grabs

Voters will be heading to the polls for dual state by-elections with the former treasurer's seat and a hotly contested electorate up for grabs.

AAP

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Gina Rinehart and Pauline Hanson seen dining together in Thailand – as it happened

All the day’s news as it unfolded

The Guardian - AU

After a decade of Labor government, will voters be convinced by Jacinta Allan’s ‘new’ cabinet?

With a new treasurer and a cabinet reset, Victoria’s premier has taken Tim Pallas’ advice to ‘renew’

The Guardian - AU

National first as women dominate state cabinet top jobs

Three women will headline Victoria's new cabinet in a first for Australia after Jaclyn Symes and Sonya Kilkenny were elevated to treasurer and attorney-general.

AAP

Labor and Albanese end 2024 in worst poll position this term

A national Essential poll , conducted December 11–15 from a sample of 1,151, gave the Coalition a 48–47 lead including undecided, unchanged from the late November Essential poll. Primary votes were 35% Coalition (steady), 30% Labor (down two), 13% Greens (up two), 6% One Nation (down two), 1% UAP (steady),…

The Conversation

Labor’s old hand treasurer Tim Pallas departs, leaving a dilemma for Jacinta Allan

Resignation of the ‘humble staffer who maybe got a little bit ahead of himself’ hands Victorian premier need for cabinet reshuffle

The Guardian - AU

Treasurer bows out, leaves state debt pile behind

Outgoing Victorian Treasurer Tim Pallas has been hailed for his response to the COVID-19 pandemic despite leaving the state facing "enormous debt".

AAP

Taxpayers slugged as state's deficit rises to $1.4b

The Victorian government's $1.4 billion deficit in the mid-year budget update has forced it to dip its hand into taxpayers' pockets to fund critical services.

AAP

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The Guardian - AU

Victoria to axe its last EV incentive while increasing levies on property owners

Registration discount for electric vehicles to end as government introduces higher levies to fund emergency services

AAP

Red tape cut for business but taxes stuck fast

One state could become the least-regulated in Australia under a plan to slash watchdogs in half and potentially save businesses half-a-billion dollars.

AAP

Real-time spending tracker plan for growing state debt

Victoria's opposition is spruiking a financial integrity plan featuring an online public spending tracker and intergenerational report to tackle state debt.

The Guardian - AU

Victoria rolls out stamp duty concessions for off-the-plan homes in bid to boost housing development

Premier announces stamp duty cut on off-the-plan apartments, townhouses and units purchased in next year

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AAP

Liberals float revival of contentious toll road project

Victorian Opposition Leader John Pesutto is eyeing a revival of plans to build an underground road tunnel to connect Melbourne's Eastern Freeway to CityLink.

AAP

Vic treasurer's plea to police amid industrial action

Victoria's treasurer has taken aim at police pursuing industrial action and has urged them to think about the consequences ahead of major events in the state.

AAP

Top cop slams 'hypocrite' activists after violent rally

Dozens of police and protesters have been injured in violent scenes outside a weapons convention in Melbourne with missiles thrown and rubber bullets fired.

AAP

Victoria spends $15 million to police anti-war protest

A Victorian MP will skip parliament to join a major anti-war protest, which the state's treasurer has confirmed will cost up to $15 million to police.

The Guardian - AU

Plan to cap international students ‘fundamentally destructive’ for state’s finances, Victorian treasurer says

Tim Pallas warns of an ‘adverse effect’ as the Albanese government faces opposition from the Greens and its own state ranks

The Guardian - AU

New powers for councils to cap short-term accommodation as Victoria moves to 7.5% ‘Airbnb tax’

State treasurer says levy will help in ‘getting the balance right’ for mix of housing and prioritising long-term rentals

AAP

Suburban Rail Loop cash gap may threaten credit rating

Global agency S&P has warned Victoria's credit rating could dive further if the state is forced to foot the rest of the bill for the Suburban Rail Loop.

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