Queensland ditches controversial land tax
Queensland Premier Annastacia Palaszczuk has stepped in and scrapped the state’s controversial land tax proposal, which would have slugged investors nationally for owning properties interstate.
Queensland Premier Annastacia Palaszczuk confronted a growing revolt from some state jurisdictions over shared data requirements for the contentious land tax reform. (Image source: Shutterstock.com)
In a major turnaround, Queensland’s state government has pulled the plug on planned changes to a land tax that would have slugged landowners who also owned properties interstate.
The tax had been widely lambasted as unworkable, unfair for renters and investors alike, and a hindrance on much-needed investment in rental supply.
Friday’s (30 September) policy reversal comes after the proposal was criticised by the state opposition and other premie…
