Contentious tax reforms unveiled in the Victorian budget are set to pass parliament, as the premier flags a housing affordability shake-up.
Victorian businesses with national payrolls above $10 million and multiple property owners will be taxed over 10 years to repay $31.5 billion in COVID-related debt.
The state government has separately set up a task force to address the housing crisis and pledged the group will look at rental safeguards, in exchange for the Greens supporting its taxation bill.
The Greens say the task force will consider measures such as a cap on rent increases, regulation of short-term accommodation such as Airbnbs and strengthening the state's vacancy tax.
"We're really confident as a result of our negotiations we're going to see some if not all of these reforms implemented over the coming months," state party leader Samantha Ratnam told reporters.
The State Taxation Acts Amendment Bill 2023 and Victorian Future Fund Bill 2023 are expected to debated and voted on by the upper house this week.
With the backing of the Greens, the Andrews government needs the support of two more crossbenchers for the bills to pass.
The payroll tax changes for businesses are slated to kick in from July 1, while a land tax shake-up would take effect on January 1 next year.
Another measure includes removing the longstanding payroll tax exemption for some "high fee" non-government schools, which has angered the Catholic and independent schools sector.
Housing Minister Colin Brooks noted the task force was established some time ago and disputed it was part of a deal with the Greens.
"I wouldn't say that the Greens are responsible for very much at all in terms of housing policy," Mr Brooks told reporters on Tuesday morning.
Prime Minister Anthony Albanese announced a $2b social housing fund alongside Premier Daniel Andrews at the Victorian Labor conference on Saturday.
Rank and file Victorian Labor members passed several housing motions at the conference, including to make inclusionary zoning mandatory and limit the number of nights properties can be listed on Airbnb each year.
Mr Andrews said zoning and short-term rental accommodation reforms were on the table as part of the government's housing statement to be delivered in coming months.
"The government is actively considering every element of our housing supply policy settings," he said.
"It'll be one of the biggest shake-ups in that policy area for many, many decades."