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Latest news: State Budget and Tax

Vic debt up $6 billion in 6 months, heading to $177.8b

Vic debt up $6 billion in 6 months, heading to $177.8b

Victoria's net debt is now expected to reach more than $177.8 billion by 2027 due to infrastructure spending, which is $6.4b more than predicted six months ago.

'Walloped': NSW treasurer blames feds for budget strain

'Walloped': NSW treasurer blames feds for budget strain

'Walloped': NSW treasurer blames feds for budget strain

'Walloped': NSW treasurer blames feds for budget strain

NSW Treasurer Daniel Mookhey has delivered a budget update his opponents have branded the "nightmare before Christmas".

Cost of living relief lightens Queensland budget update

Cost of living relief lightens Queensland budget update

Cost of living relief lightens Queensland budget update

Cost of living relief lightens Queensland budget update

Queensland Treasurer Cameron Dick has spruiked further cost-of-living measures on the back off a balanced budget sheet in his mid-year budget update.

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Thousands to share in $560m toll relief scheme

Thousands to share in $560m toll relief scheme

Random checks will be conducted to ensure a relief scheme in "the world's most tolled city" is getting to the right people, the NSW roads minister says.

Funding deals struck with states on GST, health, NDIS

Funding deals struck with states on GST, health, NDIS

Anthony Albanese has negotiated deals with states and territories on extra health funding, the GST carve-up and the National Disability Insurance Scheme.

Chalmers open to talks with states on GST

Chalmers open to talks with states on GST

Ahead of a treasurers' meeting, Jim Chalmers says he will work with the states to ensure they get a fair share of goods and services tax revenue.

Victoria to refund invalidly collected EV tax

Victoria to refund invalidly collected EV tax

The Victorian government will refund drivers who were slugged the state's electric vehicle tax after the High Court declared it invalid.

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Labor deal with Greens to pass vacant homes tax reforms

Labor deal with Greens to pass vacant homes tax reforms

Labor deal with Greens to pass vacant homes tax reforms

Labor deal with Greens to pass vacant homes tax reforms

Legislation to expand taxes on vacant Victorian homes and undeveloped land is set to pass parliament after the Greens secured concessions from the government.

Top bureaucrat rejects auditor's call to end 'dump day'

Top bureaucrat rejects auditor's call to end 'dump day'

Top bureaucrat rejects auditor's call to end 'dump day'

Top bureaucrat rejects auditor's call to end 'dump day'

Victoria's auditor-general wants the state government to reconsider dumping hundreds of annual reports on parliament at once.

Tax change could cost Vic renewable generators millions

Tax change could cost Vic renewable generators millions

Tax change could cost Vic renewable generators millions

Tax change could cost Vic renewable generators millions

The Victorian government is facing pressure to protect landowners from planned tax changes that could raise taxes on properties with renewable energy projects.

Casinos to pay more tax in NSW after pokie reprieve

Casinos to pay more tax in NSW after pokie reprieve

Casinos to pay more tax in NSW after pokie reprieve

Casinos to pay more tax in NSW after pokie reprieve

Major casinos in NSW will pay more tax following drawn-out negotiations with the state government aimed at saving thousands of jobs.

Interest, cost blowouts threaten SA budget surplus

Interest, cost blowouts threaten SA budget surplus

Interest, cost blowouts threaten SA budget surplus

Interest, cost blowouts threaten SA budget surplus

High inflation, rising interest rates and cost overruns may wipe out the South Australian government's projected budget surplus, the auditor-general has found.

House sales fall cancels out Victoria's COVID tax take

House sales fall cancels out Victoria's COVID tax take

House sales fall cancels out Victoria's COVID tax take

House sales fall cancels out Victoria's COVID tax take

Stamp duty revenue has taken a $506 million nosedive in Victoria as house sales and prices cooled amid rising interest rates, a state budget update says.

Changes to empty homes tax hit roadblock in parliament

Changes to empty homes tax hit roadblock in parliament

Changes to empty homes tax hit roadblock in parliament

Changes to empty homes tax hit roadblock in parliament

A vote on Victorian legislation to expand taxes on vacant homes and undeveloped land has been delayed, with the opposition and Greens against the changes.

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Coal fires up Queensland's budget surplus

Net debt has shrunk and the budget surplus has boomed, a report into the Queensland government's finances has revealed.

NSW keeps triple-A credit rating despite rising debt

Ratings agency Moody's has reaffirmed its top credit rating for NSW as the state budget plunges further into the red.

High Court rules against state electric vehicle charges

The High Court has ruled the Victorian government unlawfully charged electric, hydrogen and plug-in hybrid vehicle owners a fee for each kilometre they travel.

More Victorian private schools to face payroll tax grab

The list of Catholic and independent schools captured by a contentious Victorian tax is projected to grow as student fees rise.

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Hotels in firing line as Airbnb hits out at state tax

Airbnb has called for hotels not to be spared from Victoria's incoming statewide tax on short-stay platforms but the government is not budging.

We haven't forgotten about COVID-19 hotel bills: NSW

NSW has resorted to taking money from the bank accounts of Australians to recoup hotel quarantine bills as talks continue over Queensland's $105 million debt.

Victorian treasurer admits sparking tax firestorm

Victorian Treasurer Tim Pallas concedes he created a "firestorm of interest" when he announced tax reforms directly to the development industry.

Tax on empty homes and vacant land to free up housing

A little-known tax will be broadened to push Victorian landowners to build on or sell empty blocks as the government seeks to boost housing supply.

Raw deal for hybrid drivers in EV tax scheme 'shambles'

Drivers of electric and plug-in hybrid vehicles are being unfairly punished by a scheme designed to level the playing field in Victoria, the ombudsman suggests.

Public sector reforms may spell budget blues for NSW

NSW Treasurer Daniel Mookhey's budget figures could be in jeopardy, with interest rate rises impacting inflation in the year ahead.

Crackdown on dodgy tax advisors after PwC scandal

Treasurer Jim Chalmers has released draft legislation aimed at cracking down on dodgy tax advisors and giving the regulator more powers to hunt down renegades.

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