Victoria is home to Australia's highest earning postcode for the first time, according to newly released Australian Taxation Office (ATO) data, as taxable incomes, capital gains and superannuation balances continue to climb. The ATO's annual Taxation Statistics report for 2023-24 showed postcode 3944, encompassing Portsea on Victoria's Morning Peninsula, recorded the nation's highest average taxable income at $321,988. The result marks the first…
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