Performance against forecast for 2019-20
2019-20 | Forecast $'000 | Collections $'000 | Variance |
---|---|---|---|
Payroll tax | 7,287,000 | 6,574,034 | -9.8% |
Land transfer duty | 6,024,700 | 6,142,647 | +2.0% |
Land tax | 3,548,800 | 3,452,860 | -2.7% |
General insurance duty | 1,251,600 | 1,274,007 | +1.8% |
Fire services property levy | 709,100 | 708,096 | -0.1% |
Transport Accident Commission duty | 215,900 | 210,171 | -2.7% |
Congestion levy | 101,300 | 109,729 | +8.3% |
Growth areas infrastructure contribution | 293,100 | 244,348 | -16.6% |
Liquor licence fees | 25,200 | -525 | -102.1% |
Metropolitan planning levy | 20,000 | 20,865 | +4.3% |
Other miscellaneous duties | 0 | 229 | N/A |
Commercial passenger vehicle service levy | 67,300 | 67,238 | -0.1% |
Wagering and betting tax | 121,800 | 131,631 | +8.1% |
Total revenue | 19,665,800 | 18,935,330 | -3.7% |
![$136,000,000 total revenue collected from absentee owners in 2019-20](/sites/default/files/2020-11/annual-review-1920-absentee-owners-revenue-1920-1.png)
![$110,500,000 total revenue collected from absentee owners in 2018-19](/sites/default/files/2020-11/annual-review-1920-absentee-owners-revenue-1819-2.png)
![3047 absentee owners in 2019-20](/sites/default/files/2020-11/annual-review-1920-absentee-owners-number-1920-3.png)
![3026 absentee owners in 2018-19](/sites/default/files/2020-11/annual-review-1920-absentee-owners-number-1920-4.png)
![$252,763,073 total revenue collected from foreign purchaser additional duty in 2019-20](/sites/default/files/2020-11/annual-review-1920-total-revenue-foreign-purchasers-1920-1.png)
![$242,300,000 total revenue collected from foreign purchaser additional duty in 2018-19](/sites/default/files/2020-11/annual-review-1920-total-revenue-foreign-purchasers-1920-2.png)
![5097 property transactions in Victoria by foreign purchasers in 2019-20](/sites/default/files/2020-11/annual-review-1920-foreign-purchasers-number-transactions-1920-3_0.png)
![5852 property transactions in Victoria by foreign purchasers in 2018-19](/sites/default/files/2020-11/annual-review-1920-foreign-purchasers-number-transactions-1819-4_0.png)