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ABC News
ABC News
Business
By Yara Murray-Atfield, Margaret Paul and staff

Concerns Victorian budget's new land tax will be passed onto renters

There are fears landlords will pass the cost of a new land tax introduced in the Victorian state budget onto renters, a concern the treasurer has rejected as "specious logic".

Treasurer Tim Pallas's ninth budget is defined by belt-tightening measures in an effort to rein in ballooning debt at the start of his government's third term.

Key to the state government's 10-year fiscal repair plan is a COVID debt levy to be imposed on big businesses, holiday-home owners and landlords.

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