Victoria careens into financial Armageddon

Monday 19 May 2025

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

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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.