Cooling property market delivers $5 billion blow to Victorian budget
Summary
A reduced take from stamp duty and land taxes will shave an average of $1.3 billion from the state's tax revenue over the coming four years, according to a fiscal update delivered on Friday.
Description from ABC News (Australia).
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Cooling property market delivers $5 billion blow to Victorian budget
A reduced take from stamp duty and land taxes will shave an average of $1.3 billion from the state's tax revenue over the coming four years, according to a fiscal update delivered on Friday.