GENERAL NEWS
NEW regulations for homeowners and builders are now in place in Victoria, with the state’s new home gas ban and 10 years of increased taxes for second homes...
From 1 January 2024, all new homes built in Victoria will be banned from connecting to natural gas, with planning permits for new homes and residential subdivisions will...
The government announced the change last July, claiming households could save up to $1,000 on their annual energy bills and reduce household emissions...
“We know that with every bill that arrives, gas is only going to get more expensive,” said Lily D’Ambrosio, energy minister...
“That’s why we’re stepping in to help even more Victorians get the best deal on their energy bills. Reducing our reliance on gas is critical to meeting our ambitious emission...
New home builders, existing homeowners and renters are eligible to access $1,400 in solar panel rebates and interest free loans of $8,800 for household batteries...
With all Victorian households and businesses eligible for gas to electric rebates to upgrade heating and cooling and hot water heaters...
Meanwhile, also from 1 January, Victorians with more than one home will see 10 years of increased taxes under a measure help the state pay off some of its COVID-19...
Announced last May, Victorians who own more than one home will pay a minimum of $5,000 in taxes over the coming decade...
“The Covid debt levy is targeted at those with the greatest ability to pay following the pandemic,” said Tim Pallas, treasurer...
With a new $500 annual tax for investment properties with a land value between $50,000 and $100,000 now in place...
Payments will increase to $975 for homes valued between $100,000 and $300,000, while an extra 0.1% of the land value will be applied to properties worth more than...
The tax is expected to impact around roughly 860,000 landowners, including 380,000 will be first-time taxpayers.