Australian budgetAustralian Politics

Victoria swings axe amid “catastrophic budget”

Leith van Onselen
Wednesday 30 April 2025
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According to the Australian Bureau of Statistics (ABS), Victorians pay the highest state and local taxes in the nation.

Per capita taxes and debt

Source: ABS

Victorians suffered a 40.5% increase in state and local government taxes since 2020-21, the largest increase in the nation.

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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.