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Property Council thrilled by Barr tax reforms

By johnboy 20 June 2012 0

The Property Council is letting it be known just how happy they are with the Ted Quinlan proposed tax reform process Andrew Barr is undertaking:

Property Council Executive Director of International & Capital Markets, Andrew Mihno, said: “The ACT government’s new rules will strip away critical barriers to investment for property investors.”

Property Council ACT Executive Director, Catherine Carter, said: “The industry applauds the ACT Government’s policy initiative and decisive action”.

“This will give unit trust investors the ability to increase their portfolio investment in ACT property by 30%.”

Mr Mihno added: “The ACT government’s simple and intelligent approach has solved a raft of problems that were holding back investment.”

Somewhere Zed Seselja raises his to the sky and cries:

My God, my God, why hast thou forsaken me

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