Residents and businesses right across the state are benefiting from the Victorian Coalition Government’s slashing of Fire Services Levy rates from 1 July, Member for Ferntree Gully, Nick Wakeling MP said today.
Mr Wakeling said that under the Coalition Government’s reforms, the average Fire Services Property Levy payable in Knox for an average residential property would be around $154. This is $134 less than the average under the old insurance based levy.
“Good financial management means that we can reduce the levy rates from 1 July 2014, while increasing funding to our fire services,” Mr Wakeling said.
Under the rates which apply from 1 July 2014, the average business in the CFA area will see their levy reduced by $1,141, and the average farmer will see their levy drop by $323 when compared to the old insurance-based levy.
“Eligible pensioners and veterans will continue to benefit from the $50 concession, easing cost of living pressures in our local community,” Mr Wakeling said.
The Black Saturday Bushfires Royal Commission recommended we 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 Wakeling said.
The 2014-15 Budget for the CFA is $457 million, $58 million more than the last Labor Budget. The 2014-15 Budget for MFB is $326 million, $39 million more than the last Labor Budget.
“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”.