LVC

Land Tax Stability

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The education of the public via mainstream media continues to grow with Jessica Irvine writing in the Herald Sun today: “State governments do apply some land taxes, particularly on investment properties. But a major recommendation of the Henry review was for a broader land tax that could go a long way to providing state governments […]

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Land Infrastructure Tax Concerns

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photo credit: Dystopos The Brumby government’s haphazard manner in dealing with Melbourne’s ‘urban sprawl forever’ attitude is straining government revenues. The desperate actions following from this with the $95,000 Growth Areas Infrastructure Contribution (GAIC) are the result of the ignorance of more efficient and equitable revenue raising systems. The GAIC has been called a Land […]

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Developers get 2nd Free Lunch in as many weeks

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photo credit: 3blindmice Land speculators with portfolios in Coolaroo, Cranbourne East, Caroline Springs, Nunawading and Parkville will be celebrating with their second free lunch in as many weeks. Brumby’s announcement of new train stations in these suburbs has delivered windfall gains to those speculating on future infrastructure projects. One just needs to visit Coolaroo to […]

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