Federal & State Budgets

State Budget breakdown: Victoria

Payroll tax, land tax and infrastructure levies, the changes Victorian businesses need to know.

State Tax Team · Triple Eight Advisory 06 Jun 2026 6 min read
State Budget breakdown: Victoria
Featured briefing888

Victoria's Budget continues its heavier lean on state taxes, with payroll thresholds, land tax aggregation and the mental health levy all in play. If you operate across borders, the modelling matters more than ever.

Every quarter, we sit down with clients to translate Victoria’s state tax settings into something they can actually act on. This briefing is that conversation, in written form, free of the jargon and thick with the practical detail our partners share around the boardroom table.

Why this matters now

The pace of regulatory and market change means the businesses that thrive are the ones with a rhythm of review, not a scramble at year-end. What used to be an annual check-in is now a rolling discipline, and the firms most exposed are the ones treating advice as a receipt rather than a relationship.

The businesses winning this cycle aren’t the biggest, they’re the ones with the shortest distance between insight and action.

Managing Partner, Triple Eight Advisory

What we’re seeing across our client base

Across agriculture, construction, healthcare and professional services, three patterns keep emerging: forecasts that under-model working capital, structures that no longer match the shape of the business, and succession conversations that arrive five years too late.

  1. Cash flow forecasts rebuilt monthly, not annually, with scenario overlays.
  2. Group structures reviewed against actual (not intended) profit flows.
  3. Succession, insurance and estate planning treated as one conversation.
  4. Board packs re-scoped so they support decisions, not just record them.
Where to start

Book a 30-minute discovery call. We’ll listen first, map the shape of the question, and only then propose a fixed-scope, fixed-fee engagement, no obligation, no surprise invoices.

Book a discovery call

The Triple Eight approach

A partner leads every engagement end-to-end and remains your single point of contact. You’ll never be handed off to junior staff or bounced between departments, and every piece of advice is written down, agreed in advance, and revisited on a cadence that matches your business, not our calendar.

Key takeaways

  • Payroll tax threshold and rate adjustments confirmed.
  • Land tax aggregation rules impact multi-entity landholders.
  • Cross-border employees require careful contribution allocation.