Sky News host Peta Credlin says thousands of Victorian families are set to be slugged by increases to stamp duty and land tax.

"Jobs will be hit in industries under pressure," Ms Credlin said.

Ms Credlin spoke to the Victorian Executive Director of the Property Council of Australia, Danni Hunter.

"There is no doubt in our mind that this is a tax on Victorian families, a tax on Victorian jobs and a tax on Victorian investment," Ms Hunter told Sky News.

"In so many ways this tax will hit families, will hit workers, will hit investment and new projects through land tax hikes, the stamp duty increases and also the new tax on investment".

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