Earlier this month the Victorian Government announced a $3 billion Business Resilience Package, including a deferral of planned adjustments to the landfill levy.
There will be no changes to levy rates in 2020-21, with previously announced changes as part of the Recycling Victoria package for 2021-22 and 2022-23 to processed as planned.
The state’s metropolitan municipal and industrial levies were set to increase by $20 per tonne in 2020-21, with the regional municipal levy set to increase by almost $10 and regional industrial by almost $18.
The deferral is part of $1.8 billion in tax and cashflow support, accounting for $33 million of the total figure.
In addition to the landfill levy, the state government has waived or deferred liquor licence fees and the congestion levy, with total charges waived or deferred totalling $137 million.
The resilience package aims to support businesses as the state progresses to ‘COVID Normal’, with over $1.1 billion in cash grants to support small and medium sized businesses most affected by COVID-19 restrictions.
The state government will also partner will local business groups and chambers of commerce, with grants of up to $20,000.
According to Premier Daniel Andrews, the Business Resilience Package is the largest business support package in the state’s history.
“For our state to recover, we need our businesses to recover too. As we take our first safe and steady steps towards COVID Normal, this support will help make sure we get through this together,” he said.
“We’ll continue meeting with and listening to businesses, so we can do everything we can to support them and their workers.”