AFR: The investor survival kit for property taxes

Robert Harley

July 10 2024

“Land and resource taxation captures the value created by social demand (and) leads to greater resource efficiency and investment where it will make a positive impact,” says Rayna Fahey, spokesperson of research house, Prosper Australia.

“Prosper Australia applauds the much-needed shift by state governments away from inefficient taxes like stamp duty onto land taxes (which) encourage efficient land use and disincentivise speculative vacancy and land banking.

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Skills

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July 10, 2024