Property lobby again ignores laws of economics (26/02/07). Research compiled by The Australian shows there is actually 10 years of land supply in Sydney, Brisbane & Melbourne with 155,000 lots zoned for residential development. However, developers say they will not develop this land as property related taxes have made these sites uneconomical to develop. Whilst [...]
23% of NSW land owned by speculators (26/01/07). Amongst the usual doom and gloom of the media attacks upon land tax we find the interesting stat that 23% of NSW land is owned by those lucky enough to own more than one piece of the planet. What are the figures around the country? Is this [...]
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