Media Releases // Victoria
December 2021
Victorian Rate Cap Policy Costs Economy Over 7,000 jobs and $890 million to GDP
The Victorian State Government’s policy to cap the rates of local government has cost the Victorian economy 7,425 direct and indirect jobs in 2021-22, and has reduced GDP by up to $890 million in 2021-22, according to new research from the Australia Institute’s Centre for Future Work. Key Findings The Victorian Government’s rate caps have
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