{"id":916255,"date":"2026-10-04T21:46:20","date_gmt":"2026-10-04T21:46:20","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/916255\/"},"modified":"2026-10-04T21:46:20","modified_gmt":"2026-10-04T21:46:20","slug":"labor-caught-altering-tax-cut-pledge-after-ben-carroll-accused-of-extending-tax-hike-by-three-years","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/916255\/","title":{"rendered":"Labor caught altering tax cut pledge after Ben Carroll accused of extending tax hike by three years"},"content":{"rendered":"<p>The Victorian Labor Party has been forced to make an embarrassing change to its land tax policy just hours after it was announced.<\/p>\n<p>Premier Ben Carroll pledged on Sunday that a re-elected Labor government would scrap the land tax hike imposed on Victorians by Daniel Andrews.<\/p>\n<p>However, the government\u2019s pledge to increase the threshold in $25,000 increments would actually result in the tax hike being extended for another three years.<\/p>\n<p>Mr Andrews imposed the 10-year hike in Victoria\u2019s land tax in 2023 as part of a Covid debt repayment plan.<\/p>\n<p>Under the scheme, which is set to end in June 2033, Victorians are required to begin paying land tax on land valued at $50,000, rather than the previous level of $300,000.<\/p>\n<p>A $500 land tax surcharge was imposed on Victorians with properties worth $50,000-$100,000, while those with properties worth $100,000-$300,000 were hit with a $975 surcharge.<\/p>\n<p>Homeowners with properties worth more than $300,000 were hit with the $975 surcharge plus a 0.1 percentage point increase in their land tax rate.<\/p>\n<p>The tax hike has resulted in a 60 per cent increase in land tax payable on the homes worth the median value of $953,000 (with the tax increasing from $2,740 to $4,368).<\/p>\n<p>Thousands of Victorians are also now paying land tax for the first time.<\/p>\n<p>The Victorian Opposition has already pledged to axe the tax hike by increasing the thresholds back to $300,000 over five years.<\/p>\n<p>And on Sunday, Premier Carroll promised a re-elected Labor government would also scrap the tax.<\/p>\n<p>\u201cI\u2019m a new Premier and this is my new direction. I\u2019ll cut land tax in my first Budget,\u201d Mr Carroll said.<\/p>\n<p>\u201cLower land tax, more cost-of-living relief, and a responsible way to pay for it.\u201d<\/p>\n<p>A media release outlining the government\u2019s plan states that the threshold would be progressively increased from the current rate of $50,000 in increments of $25,000 per year.<\/p>\n<p>\u201cWe will keep raising the threshold beyond the forwards until the $300,000 threshold is fully restored,\u201d the previously embargoed media release states.<\/p>\n<p>However, this sentence has now been changed in the version posted to the <a class=\"body-link\" href=\"https:\/\/www.viclabor.org.au\/news\/labor-will-cut-land-tax-to-help-with-the-cost-of-living\" rel=\"noopener nofollow\" target=\"_blank\">Victorian Labor Party\u2019s website now.<\/a><\/p>\n<p>\u201cWe will keep raising the threshold beyond the forwards until the $300,000 threshold is fully restored at the end of the six year implementation in financial year 2033\/34,\u201d the website states.<\/p>\n<p>The change came after Opposition Leader Jess Wilson accused the Premier of proposing a three-year extension to the tax, since it would take 10 years for the threshold to reach $300,000 and the current tax is set to expire in mid 2033.<\/p>\n<p>\u201cOnly Ben Carroll and Labor could extend a tax by three years and pretend it&#8217;s a tax cut,\u201d Ms Wilson said.<\/p>\n<p>&#8220;This is\u2026 a tax that the Labour government put on Victorians because they locked them down for COVID and then put a COVID debt levy on them, sending them the bill,&#8221; she said.<\/p>\n<p>\u201cAnd now they&#8217;re extending it for another three years.<\/p>\n<p>\u201cThis is Ben Carroll once again being tricky and lying to the Victorian people.\u201d<\/p>\n<p>Asked about the change, a spokesperson for the Premier denied there was an issue.<\/p>\n<p>\u201cWe were up front from the beginning with media about this,\u201d the spokesperson said.<\/p>\n","protected":false},"excerpt":{"rendered":"The Victorian Labor Party has been forced to make an embarrassing change to its land tax policy 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