STEM and Society series a scientific showcase

STEM TNA new online series is highlighting the game-changing work being undertaken by various Victorian scientists and researchers.

Presented as a partnership between the Parliament of Victoria, the Royal Society of Victoria and Victorian Parliamentarians for STEM, the STEM and Society series is being streamed live on Parliament’s Facebook page and website leading up to National Science Week in August.

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2021/22 Budget: independent snapshot from PBO

iStock budget 903735920The Parliamentary Budget Office (PBO) has released its independent analysis of the 2021/22 Budget, located at pbo.vic.gov.au.

The PBO found that in the 2021/22 Budget, the government expects:

  • an improved economic and budget recovery from the COVID-19 recession compared to its previous budget
  • above trend growth in gross state product (GSP) and employment in the short-term
  • stronger revenue growth on the back of real estate prices lifting property tax revenues, new tax measures and higher Australian Government grants
  • net borrowing as a share of revenue – an indicator of the government’s need to raise debt to fund its policies – to decline from a peak of 32.8% in 2020¬–21 to 14.6% by 2024–25
  • net debt as a proportion of GSP to reach 24.9% at 30 June 2024, revised down 4.0 percentage points from 28.9% in the previous budget
  • the net operating deficit to be $11.6 billion in 2021–22 (revised down from a deficit of $13.1 billion in the previous budget), improving to a $2.1 billion deficit by 2024–25.

 

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Parliament thanks selfless charities

NVW TNThe significant work of Victorian charities has been recognised at Parliament House on the first day of National Volunteer Week.

Legislative Assembly Speaker Colin Brooks and Legislative Council President Nazih Elasmar brought together charity representatives, volunteers and parliamentary staff to thank them for delivering a meals program to people in need over the past year.

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Groundbreaking women honoured with portraits

Portraits 1 TNThe portraits of two groundbreaking women parliamentarians have been unveiled at Parliament House.

The new portraits are of Lady Millie Peacock, the first woman to be elected to the Victorian Parliament, and Pauline Toner, the first woman to be appointed as a Cabinet Minister in Victoria.

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