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VIC Penalty Units 2011/12

Discussion in 'Politics, Laws, Government & Insurance' started by Justus, Jul 1, 2011.

  1. Penalty units 2011/12

    The value of a penalty unit increased today, 01/07/2011.

    The value of a penalty until 30/06/2012 changes from $119.45 to $122.14, as noted in the Government Gazette S.158 on 26/05/2011.

    Units Dollars
    1 $122.14
    2 $244.28
    3 $366.42
    4 $488.56
    5 $610.70
    6 $732.84
    7 $854.98
    8 $977.12
    9 $1099.26

  2. where can i by some?
  3. On a related note, the Victorian motorcycle safety* levy has increased from $61.60 in the 2010/11 financial year to $63.80 for the 2011/12 financial year. This levy was $50.00 when first introduced.

    Interesting that the penalty units have been indexed 2.25% whereas the safety levy has been indexed 3.57%.

    * cough BS cough
  4. And to think that the Aussie dollar is doing really well, too...

  5. Don't know but bet they haven't gone up as much as politician's salaries.
  6. i have a payment plan, monthly installments
  7. i'll take 50 thanks
  8. Thanks for the info Justus.

    I hear ya brother! Mine is slowly declining.
  9. more proof it's just revenue raising imo...
  10. Budget figures must have come up short.
  11. What bearing does the indexation of one have to do with the other? I see either as fair rather than interesting.