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AAP
AAP
Politics
William Ton and Callum Godde

Land tax changes to recoup $1b more from Victorians

Victoria
Victoria's new land tax regime will bring in more money that originally predicted. (Darren England/AAP PHOTOS)

Almost $1 billion more will be raised from Victorian property investors under a COVID-19 debt tax, according to the state's independent budget office.

In last year's May state budget, the Victorian government announced a 10-year COVID debt levy in a bid to pay down the state's debt.

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