Victorian surplus rises on tax revenue

27 April 2016

 

Victorian state government coffers are predicted to grow sharply on the back of revenue growth from payroll tax, stamp duty and higher GST grants. The budget numbers are due to be handed down on 28 April and projected to deliver $9.2 billion of surpluses over the next 4 years. While one should be cautious over government projections on budget surpluses (who can forget Wayne Swan’s “four budget surpluses that I...

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