Residents and businesses right across the state are benefitting from the Victorian Coalition Government’s slashing of Fire Services Levy rates from 1 July, Member for Malvern Michael O’Brien said today.
Mr O’Brien said that under the Coalition Government’s reforms, the average Fire Services Property Levy payable in Stonnington for an average residential property would be around $168 in 2014-15. This is $109 less than the average under the old insurance based levy.
“As Victorian Treasurer, I am delighted that our good financial management means that we can reduce the cost of living by reducing levy rates from 1 July 2014, while increasing funding to our fire services,” Mr O’Brien said.
“Eligible pensioners and veterans will continue to benefit from the $50 concession, easing cost of living pressures in our local community,” Mr O’Brien said.
The Black Saturday Bushfires Royal Commission recommended the Victoria move away from the unfair, insurance based levy - which charged only those who chose to be insured - and move to a fairer, property based levy.
“The Victorian Coalition Government has abolished the unfair insurance based levy and moved to a fairer way to fund our fire services,” Mr O’Brien said.
The 2014-15 Budget for MFB is $326 million, $39 million more than when the Coalition came to government.
“I am pleased that the Coalition Government’s strong financial management means that our fire services are better funded than ever before, while the cost for average households is falling” Mr O’Brien said.