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Cooling property market delivers $5 billion blow to Victorian budget

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Image from ABC News (Australia)

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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  1. ABC News (Australia) Center Factuality: Very high AU
    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.