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Vic State Gov stuff ups! Payroll and Land tax!, page-22

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trashcansinatra

11,018 Posts.

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29/07/24

17:28

Post #: 74967453
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Originally posted by Reaper11: ↑

No doubt we need private investors, but whether we have the mix right is another question. You mentioned Victoria earlier, where tax arrangements have changed. The outcome has been rents increasing, but only marginally faster than other states, but house prices stabilising and owner occupiers increasing significantly faster than elsewhere. Overall, whether that's good or bad is in the eye of the beholder.

Reaper.

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Yeah, the silver lining for Victoria out of all this mess is that one would expect housing prices to correct as they did back in the final two years of Cain/Kirner and as a result give owner/occupiers a 'go'.
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