The Victorian state government rebate scheme for rain water tanks, as of 30th June 2007, is summarised in the table below. This applies to those wanting to install a rainwater tank in Melbourne suburbs as well as regional centres.
Rainwater Tank size: 2000 - 4999 litre capacity
Requirements: connected to toilet and/or laundry
Rebate: $500
Rainwater Tank size: 5000+ litre capacity
Requirements: connected to toilet or laundry
Rebate: $900
Rainwater Tank size: 5000+ litre capacity
Requirements: connected to toilet and laundry
Rebate: $1000
A $150 rebate for tanks 600 litres or larger not connected for indoor also applies.
See Our Water Our Future website for more.

1 Comment
Why are the water tank rebates in Victoria so low? In queensland the rebates are much higher. Does the Vic government not want to see residents install water tanks? If rebates were higher than more people would install them. Makes no sense the $150 rebate would not even cover the basic cost of PVC fittings to get the water in the tank.
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