The Liberals’ Brendan Smyth is triumphantly pointing to rising rates as proof rates will triple (as of course they will over sufficiently long time frames, just as all of us will die).
Mr Barr can end this argument today. Surely, before he embarked on his tax changes, he calculated what the effect on the rates of an average Canberra household would be.
“Many people have contacted me as well as media outlets quoting huge rates increases.
“There have also been significant increases in commercial rates well beyond the expectation of the sector. All at a time when the revenue take from conveyancing has increased. So much for a tax that is supposed to be being abolished!
“The facts show rates must triple. The ball is now in Andrew Barr’s court to prove they won’t,” Mr Smyth concluded.