Victorian homeowners will be hit with the heaviest property tax in Australia from the 2023-2024 financial year onward as the state Labor government carries out its COVID-19 debt repayment plan. According to a new report by the Victorian Parliamentary Budget Office, Victorians will need to pay an estimated property tax (land transfer duty plus land tax)…
Religious Schools Oppose Victorian Government’s Plan to Impose Payroll Tax
Religious and independent schools in the Australian state of Victoria are opposing a new revenue-raising policy compelling many local education providers to pay payroll tax. In the 2023-2024 state budget, the Victorian Labor government proposed to remove the payroll tax exemption for non-government schools with high tuition fees to raise money to help repay the…
Former MP Says Victorian Budget a Disaster for Local Businesses
Former Victorian Liberal MP Neil Angus has criticised the Labor government for introducing a new round of taxes targeting large businesses and landowners in the 2023-2024 state budget to repay COVID-19 debts. The new taxes are part of the measures introduced by the Victorian Labor government to address the $31.5 billion (US$20.9 billion) debt incurred…
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