Victorian-based businesses will be levied with a new surcharge to rebuild the state’s “broken” mental health system, according to the state’s newly released 2021-22 budget. On Thursday, Treasurer Tim Pallas revealed the state of Victoria’s economy, which is expected to reach a net debt of $102.1 billion this year and increase to $156.3 billion in 2024-25. The state has responded with a suite of new taxes to balance the books, as well as new initiatives targeting the health, education, and transport sectors. The newly announced Mental Health and Wellbeing Levy will bankroll the state’s $3.8 billion mental health system reform. Businesses with over $10 million in revenue will be liable to pay the levy. So, for every dollar of wages paid over $10 million, a business will pay the state a 0.5 percent surcharge. For businesses with payrolls exceeding $100 million, that surcharge increases to 1 percent for each dollar. …