That would be a recipe for mum and dad investors to leave the sector, Wiskers. Victoria is a good litmus test where onerous land tax is causing investors to run for the hills. Whist I would agree with you that our Oz tenancy laws are long out of date and need a complete overhaul, punitive charges and conditions placed on landlords will drive them out of the sector, which is no private tenant's friend. Hence the old saying I just made up : 'You can never tax your way to a solution.' One only has to look at the current 77% tax on tobacco - and how's that's working out for the government, society (given the criminality it has spawned) and the consumer . A classic case of an excessive tax, which has the reverse effect (the government currently losing circa $3 Billion per annum in lost tax).
: 'You can never tax your way to a solution.' One only has to look at the current 77% tax on tobacco - and how's that's working out for the government, society (given the criminality it has spawned) and the consumer
. A classic case of an excessive tax, which has the reverse effect (the government currently losing circa $3 Billion per annum in lost tax).
