Victorians are drowning in taxes and debt
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On Tuesday, the Australian Bureau of Statistics (ABS) released data showing that Victorians pay the highest state and local taxes in the nation.
As illustrated below, state and local government taxes in Victoria were $6,605 per capita in 2024-25, $582 (9.7%) higher than the state and territory average.

Victoria’s state and local government taxes have increased by $961 per capita since 2021-22, 13.3% faster than the $848 increase recorded across the state and territory average.
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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.