The value of fee and penalty units is set by the Treasurer of Victoria for each financial year. Current and future fee and penalty unit values can be accessed at the Department of Treasury and Finance’s Indexation of fees and penalties web page (DTF website).
The values for fee and penalty units for the 2016–17 financial year were gazetted on 14 April 2016 and are as follows:
- One fee unit is $13.94.
- One penalty unit is $155.46.