Media Release

31 December 2017

O’Brien: Labor Starts 2018 With A Financial Hangover

Sunday 31 December 2017

Labor Starts 2018 With A Financial Hangover

With the start of the new year Daniel Andrews is wishing Victorians ‘happy new taxes and charges’.

From 1 January 2018:

  • Most public transport fares will rise by 4.7%.
  • Property owners will be slugged Daniel Andrews’ vacant residential property tax, one of the 12 new taxes introduced by Daniel Andrews despite his pre-election promise not to introduce any.
  • Electricity bills will continue to soar, with an increase of 16% expected in 2018, thanks to the shutdown of the Hazelwood power station.
  • Further water orders from the desalination plant and operational payments will once again hit Victorians’ water bills.
  • The cost of a CityLink day pass will increase to $17.51.
  • Public servants will enjoy a pay increase. In 2017, the ballooning wage bill for public servants has jumped by $1.6 billion since the budget with 7.3% growth. Labor is now spending $23.1 billion on employee expenses, $4.6 billion more than at the last election.
  • Cuts to Early Childhood Education and Care TAFE training will come into force.
  • Parks Victoria will double parking fees at Albert Park.

Comments attributable to Shadow Treasurer, Michael O’Brien:

“Daniel Andrews is giving Victorians a big financial hangover to start 2018. A raft of new Labor taxes and charges will make it harder for families to make ends meet.

“Whether you are putting on the kettle, catching a train or driving on CityLink, Daniel Andrews’ hand is deeper in your pockets than ever before.

“With infrastructure project costs blowing out and public service union deals battering the budget, Daniel Andrews is making Victorian households pay for his financial mistakes.

“With an election in November, Victorians will finally get the chance to say no to four more years of Labor’s broken promises and cost of living hikes.”