The rate, which treasurer Tim Pallas says will raise $30m a year, is less than half that of other states
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Victoria will impose an 8% point-of-consumption tax on online betting agencies, barely half the rate introduced or promised in other states.
The tax would start from January and would raise an estimated $30m a year, the state’s treasurer, Tim Pallas, announced on Monday.
Critics of the gambling industry had expressed concern that Victoria’s rate would undercut those of other states.