Regional Victorian residents continue to wear the real-world cost of the Labor Government’s financial incompetence as a raft of tax hikes continue to cripple families, businesses, and pensioners.
In a blatant cash grab, the Labor government lowered the tax-free threshold from $300,000 to $50,000, while also slapping on an additional flat tax up to $975 on Victorian households.
Victorians are now paying the highest property taxes in Australia, with an average of $2120 in property taxes per person across this year, compared to $1646 in New South Wales and $1343 in Queensland.
Speaking in Parliament this week, Nationals Member for Euroa Annabelle Cleeland said households were already under extreme financial pressure due to rising interest rates, skyrocketing electricity costs, and increases in daily expenses such as groceries, vehicle registration, rent and rates.
“Individuals, families, and businesses are rightly concerned that this tax will lead to increased pressure on households, increased costs to running a business, and increased rents,” Ms Cleeland said.
“I’ve had constituents tell me that latest land tax increase was the final straw for them as they have now decided to close their businesses and move interstate.
“One resident told me that he has seen his land tax bill jump from $16,000 to $82,000, while others are being incorrectly charged for their primary place of residence.
“Anyone that has concerns about their most recent land tax bills should reach out to me and my office for assistance.”