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Libs worried the Property Council isn’t getting what it wants

By johnboy - 27 October 2011 3

The Liberals’ Brendan Smyth is sharing his concern that the Property Council is surveying itself to find they’d like to pay less tax.

The findings show that dwindling confidence in the ACT property sector and wider economy is due to a range of local factors, including:

— The planning system;
— general business conditions;
— the high level of business taxes;
— the new Lease Variation Charge;
— and the increasing office vacancy rates.

“This is clear evidence that ACT Labor’s taxation obsession and huge tax on units is hitting our economy very hard and is causing businesses to reconsider investing in Canberra,” Mr Smyth said today.

“ACT Labor’s illogical approach to infrastructure planning is further worsening the situation, as they push ahead with a $430 million city office block at a time when the Civic office vacancy rate has doubled to 16 per cent.

“The Canberra Liberals have a sensible approach to infrastructure planning. If elected, we would legislative the forward-planning of infrastructure to avoid blowouts, and infrastructure decisions would be overseen by an independent Commissioner to ensure they are based on the long-term interests of Canberra.

Let’s have another look at that:

“If elected, we would legislative the forward-planning of infrastructure…”

Umm, ok then.

What’s Your opinion?


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3 Responses to
Libs worried the Property Council isn’t getting what it wants
Classified 11:45 am 28 Oct 11

To be fair, this bit is a good point:

“ACT Labor’s illogical approach to infrastructure planning is further worsening the situation, as they push ahead with a $430 million city office block at a time when the Civic office vacancy rate has doubled to 16 per cent.

RedDogInCan 10:51 am 28 Oct 11

Cool, so the ACT Libs will legislate to prevent bad weather, inflation, legal challenges, design stuff ups, labour shortages, economic booms, stricter OH&S/building/environment regulations, shortsightedness, lack of forethought, and all of the other things that cause cost blowouts.

54-11 5:24 pm 27 Oct 11

Bit difficult to tell the difference between ACT Libs and ACT branch of the PCA. Joined at the hip (pocket), methinks.

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