EDUCATION
Note: Education funding is an increase on last year. There are still Gonski funding commitments yet to be decided with the federal government.
Kindergartens: $882 million to assist with the rollout of three-year-old kindergarten for every Victorian child by 2022.
Schools: $1.4 billion to keep building and upgrading Victorian schools, which includes:
- Building 17 new schools.
- Upgrading a total of 109 schools.
- Expanding the School Breakfast Clubs program for kids.
TAFE: $132 million to provide more modern facilities and extra courses added to the Free TAFE list.
Special needs students: $180 million will go towards supporting students living with disability, through the Program for Students with Disabilities.
Bullying: $5.8 million in funding to help stamp out bullying in schools.
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HEALTHCARE
Nurses and midwives: $64.4 million to be put towards an extra 542 nurses and midwives in hospitals.
Paramedics: $299 million to deliver 23 new ambulances and 90 new paramedics.
Hospital expansion: $1.6 billion to build and expand hospitals and local healthcare services, which includes $1.4 billion allocated to complete the Footscray Hospital, as well as an expansion of the emergency department at the Royal Children’s Hospital.
Mental health: $173 million in extra support, which includes:
- $23.3 million for an extra 28 impatient beds across the state.
- $8.5 million to support Aboriginal people with moderate to severe mental illness.
- $5.7 million for the Mental Health Complaints Commissioner.
Emergency services: $60 million to increase the retirement benefits for police and emergency services workers.
Dental for students: $322 million to contribute towards the rollout of free dental care for students at government schools.
New parents: $214 million to be delivered to supporting new parents and their baby, including home-based sleep support.
Patients in regional Victoria:
- $136 million to help deliver 500,000 extra appointments with medical specialists.
- $59.5 million to build a new rehab centre at Bendigo Hospital.
- Barwon Health clinical facilities to be relocated to the Geelong Hospital Precinct, with the help of $20 million in funding.
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AGED CARE
New facility: $81.6 million allocated towards a new 120-bed aged care facility at Wantirna Health.
Multicultural services: $27.1 million to be put towards upgrading facilities at seven multicultural aged care services.
TAXATION
Tax cuts for small and regional businesses:
- Payroll tax-free threshold: Increase from $650,000 to $700,000 by 2022-23.
- Regional payroll tax rate: Reduced from 50% to 25% of the metro rate by 2022-23.
Tax hikes:
- Foreign property investors: Tax paid by foreign buyers of residential property to be increased from 7% to 8% from 1 July 2019.
- Absentee landowner tax: Tax paid by absentee landowners to be increased from 1.5% to 2% from the 2020 land tax year.
- Luxury car tax: The increase means that passenger vehicles valued between $100,000 and $150,000 will be charged a duty of $14 per $200 of market value, while cars valued over $150,000 will be charged a duty of $18 per $200 of market value.
For more information on the Victorian State Budget, visit 2019-20 State Budget.
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