New Business Levy to Fund $3.8B Mental Health Reform: Victorian Budget

New Business Levy to Fund $3.8B Mental Health Reform: Victorian Budget
Commuters leave and arrive at Flinders Street Station in Melbourne, Australia, on Sept. 4, 2015. Michael Dodge/Getty Images
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Victorian-based businesses will be levied with a new surcharge to rebuild the state’s “broken” mental health system, according to the state’s newly released 2021-22 budget.

On Thursday, Treasurer Tim Pallas revealed the state of Victoria’s economy, which is expected to reach a net debt of $102.1 billion this year and increase to $156.3 billion in 2024-25.

Daniel Y. Teng
Daniel Y. Teng
Writer
Daniel Y. Teng is based in Brisbane, Australia. He focuses on national affairs, including federal politics and Australia-China relations. Got a tip? Contact him at [email protected].
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