Liberal/National Coalition
Party policy · State taxes
Payroll tax relief and land tax threshold restored
Sourced, pending editorial review. Policies are summarised from each party's official material and independent sources captured on 10 November 2026. Summaries were compiled by automated research and have not yet been checked by a human editor — open the cited source to confirm.
What is being promised
Lift the payroll tax-free threshold to $1.2 million, cut the metropolitan payroll tax rate to 4.8%, and restore the $300,000 land tax-free threshold.
How it is intended to work
Changes to payroll tax and land tax settings.
Who may be affected
- Businesses paying payroll tax
- Owners of taxable land
- Announced cost
- Not stated on the source page
- Funding mechanism
- Not stated on the source page
- Proposed timeline
- Payroll threshold raised over two years
- The Nationals say the payroll changes will deliver relief to 23,000 businesses.
- The Nationals say they will restore the $300,000 land tax-free threshold.
- The PBO notes Victoria has the highest property-tax burden relative to its economy, by a small margin.
Important uncertainties
- No published Parliamentary Budget Office costing was found as at 10 Nov 2026.
Positions on key approaches
The land tax-free threshold should be raised back to $300,000.
Supports. Restore the $300,000 threshold.
Payroll tax should be reduced for businesses.
Supports. Raise threshold, cut rate.
New or higher taxes on large corporations or the very wealthy should fund services.
Opposes. Committed to no new taxes or charges.