Victorians drown in taxes and debt

Monday 28 April 2025

The Australian Bureau of Statistics (ABS) released data last week showing that Victorians are paying the highest state and local taxes in the nation.

As illustrated in the table below, 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

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

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.