From Victoria Government
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State Budget 2015-16 - Current Forecasts Overview

Created 26/06/2025

Updated 26/06/2025

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Taxation revenue is revenue received from the State’s taxpayers and includes payroll tax, land tax, duties levied principally on conveyances and land transfers, gambling taxes, insurance duty, fire services property levy, motor vehicle taxes and other taxes including congestion levy, metropolitan improvement levy and so on. The State’s taxation revenue is forecast by a process that involves application of DTF’s economic forecasts, where there is a relationship between taxation revenue and economic variables; and use of forward indicators, unpublished revenue data and qualitative information from liaison with relevant stakeholders. This enables an assessment of economic and other factors influencing the tax bases from which taxes are sourced e.g. for payroll tax, an assessment of the outlook for employment. Where necessary, adjustment factors are used to account for other trends or events not captured by the model, such as impact of economic shocks or policy stimulus.

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Additional Info

Field Value
Title State Budget 2015-16 - Current Forecasts Overview
Language English
Licence Creative Commons Attribution 3.0 Australia
Landing Page https://data.gov.au/data/dataset/5f34279c-e89a-4dc2-9b0c-7a513d1da280
Remote Last Updated 17/12/2024
Contact Point
Department of Treasury and Finance
contact@dpc.vic.gov.au
Reference Period 05/05/2015
Geospatial Coverage Victoria
Data Portal Victoria Government

Data Source

This dataset was originally found on Victoria Government "State Budget 2015-16 - Current Forecasts Overview". Please visit the source to access the original metadata of the dataset:
https://discover.data.vic.gov.au/dataset/state-budget-2015-16-current-forecasts-overview