Thursday, 7 April 2022

Economy

Mr ANGUS: The record level of taxation here in Victoria continues to hurt businesses, especially small businesses. As they struggle from the extremely difficult last two years, the government continues to reach deeper and deeper into the pockets of Victorians. With tax collections forecast to increase from $16.9 billion in 2013–14 to $26.6 billion in 2021–22, a staggering 57 per cent increase over just eight years, it is no wonder all Victorians are struggling with cost-of-living pressures. Only a Liberal-National government will be able to get the budget under control and deliver cost-of-living relief to all Victorians. Only a Liberal-Nationals government can manage the economy and budget responsibly and put an end to the ongoing massive cost blowouts on virtually all of the state’s major projects.