Australia: Omnibus state tax bill introduced to Parliament (Victoria)
Includes amendments to property taxes and congestion levy
The Victorian government introduced an omnibus state tax bill (State Taxation Further Amendment Bill 2025) to Parliament, which includes amendments to:
- The Commercial and Industrial Property Tax Reform Act 2024, in relation to transactions that qualify to enter the commercial and industrial property tax scheme
- The Congestion Levy Act 2005, in relation to the amount of the congestion levy imposed and provides a concession for certain parking spaces
- The Duties Act 2000 and Land Tax Act 2005, in relation to tax exemptions for certain properties for New Zealand citizens
- The First Home owner Grant and Home Buyer Schemes Act 2000, in relation to eligibility criteria for the first home owner grant