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Victoria delays emergency services levy for investment properties until 2027, extends farm freeze, and boosts volunteer rebates.
Victoria has delayed the rollout of its emergency services levy until July 1, 2027, for investment properties and extended a two-year freeze for farmers, citing implementation concerns and drought impacts.
The government also doubled the cap for CFA volunteer rebates on farms to $10 million.
While revenue forecasts were revised slightly downward, the state’s net debt remains high, with interest payments projected to reach $10.5 billion annually by 2028-29.
The pause follows protests from farmers and regional communities, with the Victorian Farmers Federation welcoming the delay but urging long-term funding reform.
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Victoria retrasa el impuesto de servicios de emergencia para propiedades de inversión hasta 2027, extiende el congelamiento de las granjas y aumenta los reembolsos voluntarios.