Victoria is a giant economic sinkhole
Summary by macrobusiness.com.au
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Victoria is a giant economic sinkhole
Victoria has become an economic leech on the nation. In 2024-25, Victoria received a massive $3.8 billion boost in its GST, whereas Queensland lost $384 million and NSW lost $188 million. Victoria also received $411 million in additional grants from the Commonwealth in 2024-25. For 2025–2026, Victoria’s GST allocation was increased again by $3.7 billion,
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