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GST 'bombshell' rocks retirement villages
Florence Chong From: The Australian June 24, 2010 12:00AM
THE $50 billion retirement village sector has warned that "a bombshell" from the ATO could potentially wipe billions off their values.
The industry also claims the new ATO draft ruling could kill off many projects on the drawing board -- at a time when demand for retirement living is increasing.
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http://www.theaustralian.com.au/business/property/gst-bombshell-rocks-retirement-villages/story-e6frg9gx-1225883383961
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Does this situation have any affect on Becton's future direction ? If so, then maybe this is part of the reason Becton isn't receiving any market support at the moment.
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"GST 'bombshell' rocks retirement villages Florence Chong From:...
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