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Victoria bites a $117 billion bullet, and begins the long march of land tax reform

  • Written by Isaac Gross, Lecturer in Economics, Monash University

The Andrews government’s ninth budget is its toughest. The bill from Victoria’s COVID experience, as well as the state government’s ambitious infrastructure spending, has finally come due.

The pandemic has added more than $30 billion to the state’s total net debt, bringing the total to a whooping $117 billion. (New South...

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