Cooling property market delivers $5 billion blow to Victorian budget
2 sources·Updated October 30, 2026
Covered by 2 sources
- The West Business·23h agoInterest rates, falling property prices punch $5.1bn hole in Victorian state budget
Interest rates running at a 15-year high and the property market downturn have gouged more than $5bn out of one state’s budget.
Read at The West Business → - ABC Just In AU·1d agoCooling 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.
Read at ABC Just In AU →