National tax grab up 60pc since Covid

Original article by Matthew Cranston, David Tanner
The Australian – Page: 4 : 9-Sep-26

Data from the Australian Bureau of Statistics shows that the combined tax revenue of the nation’s federal, state and local governments has risen to $893bn a year. This is 61 per cent higher than at the onset of the pandemic, including growth of seven per cent in 2025-26. Stamp duty revenue has increased by 112 per cent over the last six years, while personal income tax revenue is up 63.8 per cent and the corporate tax take has risen by 70 per cent. Corinna Economic Advisory economist Saul Eslake notes that Australia has recorded GDP growth just 47 per cent over the same period.

CORPORATES
AUSTRALIAN BUREAU OF STATISTICS, CORINNA ECONOMIC ADVISORY PTY LTD

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