Property price slump creates a billion-dollar problem for the state budget

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Source: The Age
Published: 2026-09-15 16:01 UTC+10:00
Section: Politics / Victoria
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Property, Australia, Tax & Budget, Property & Housing
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Snippet:
Falling house prices could wipe as much as $1.8 billion from the Victorian budget this year alone as banks and real estate experts predict a downturn worse than Treasury’s forecast in May.
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