UncategorisedTime to Axe the Tax: Why Victoria Needs to Swap Stamp Duty for a Federal Land Tax
Victoria is in a precarious financial position. Labelled the “nation’s debt dunce”, the state’s gross debt reached a staggering $213 billion as of July this year. This figure represents nearly a third of the total debt owed by all Australian states and territories combined. While new, unpopular taxes on property and payrolls have managed to...