Victoria careens into financial Armageddon
Advertisement
The Australian Bureau of Statistics (ABS) published data last month revealing that Victorians pay the highest state and local taxes in the country.
Victorian state and local government taxes were $6,348 per capita in 2023-24, $654 (11.5%) higher than the state and territory average.

Source: ABS
The full text of this article is available to MacroBusiness subscribers
Cancel at any time through our billing provider, Stripe
About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.