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Business leader outlines the ‘concerning part’ of the state budget

Ross and Russel
Article image for Business leader outlines the ‘concerning part’ of the state budget

Big business and property investors will be hit with a ten-year Covid tax to pay down Victoria’s record pandemic debt.

From July, businesses with a national payroll over 10 million dollars will pay higher payroll tax and from January next year, property investors will pay higher land tax.

Paul Guerra from the Chamber of Commerce and Industry says it makes Victoria a very unattractive proposition.

Press PLAY to hear him explain 

Image: Getty iStock  

Ross and Russel
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