The coronavirus pandemic has resulted in a slew of jobs losses in Victoria.
From mid-March until mid-April, Australian Bureau of Statistics data reveals that 8.6 per cent of Victoria's jobs were lost, the highest of any state or territory.
Opposition leader Michael O'Brien says Victoria needs a jobs-led, business-led recovery.
"The numbers from the ABS are the first indication of how hard COVID-19 is hitting Victoria's economy and jobs," Mr O'Brien said.
"We have had the worst outcome of any state or territory in the country and we don't need a high tax, high borrowing recovery."
Mr O'Brien's remarks come as Treasurer Tim Pallas unveiled a $491 million tax relief package for Victorian businesses.
The Treasurer's announcement is in addition to the state's $1.7 billion economic support for businesses.
80,000 Victorian businesses are participating in the Federal Government's JobKeeper program, Mr Pallas said.
Those businesses will be exempt from payroll tax and the WorkCover premiums on payments to their employees if their staff are currently stood down.
"Any person who has an entitlement to a WorkCover protection claim will be covered by the state," Mr Pallas said.
The announcement means the $1500 fortnightly JobKeeper payment to staff who are currently stood down will be free from state government taxes and charges.
"These changes will help businesses, save jobs and reduce the burden on households hit hard by coronavirus," Mr Pallas said.
The State Government has also announced a freeze on all fees and fines that were due to be increased in July.
This includes car registration, traffic infringements, permit fees and court-imposed penalties.
Car registration fees will be frozen at $716 for residents in low risk zones, such as parts of Bendigo.
The Fire Services Property Levy will also be frozen at this year's collection level.
"The last thing Victorian businesses and families need right now is higher fees and fines," Mr Pallas said.