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Carroll to Raise Victoria’s Land-Tax Threshold to $300,000

By Drooid · Oct 4, 2026, 12:06 PM UTC · How we work

Summary

Story summary

Premier Ben Carroll will raise Victoria’s land-tax threshold to $300,000 over six years.
The reform will remove about 250,000 taxpayers, each saving up to $975 annually.
Carroll estimates the change will cost the state budget $230 million.
Opposition leader Jess Wilson proposes a $50,000 annual threshold increase over five years, costing $360 million.
One Nation pledged to roll back land-tax hikes without providing a timeline or amount.

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Story summary

Premier Ben Carroll will raise Victoria’s land-tax threshold to $300,000 over six years.
The reform will remove about 250,000 taxpayers, each saving up to $975 annually.
Carroll estimates the change will cost the state budget $230 million.
Opposition leader Jess Wilson proposes a $50,000 annual threshold increase over five years, costing $360 million.
One Nation pledged to roll back land-tax hikes without providing a timeline or amount.