Both state and Commonwealth penalty units (pu) are referred to in The Law Handbook.
Under state law, since 1 July 2004, the value of a penalty unit for a financial year has been fixed by the Treasurer under section 5(3) of the Monetary Units Act 2004 (Vic). For the financial year (1 July 2018 to 30 June 2019) the value of one (1) penalty unit is $161.19, as published in the Victoria Government Gazette. However, note that the Treasurer can fix a new penalty unit amount for each financial year. To see the most current Victorian penalty unit amount at any given time, go to the Victorian Government Department of Justice and Regulation’s website at www.justice.vic.gov.au, and search for “Penalties and values”.
Under Commonwealth law (i.e. the Crimes Amendment (Penalty Unit) Act 2017 (Cth)), the value of one (1) penalty unit is $210, as per section 4AA of the Crimes Act 1914 (Cth).
On 1 July 2017, the value of a Commonwealth penalty unit increased from $180 to $210. The new penalty unit value only applies to offences committed on or after 1 July 2017.