Just a money grab
The law is :- We collect land tax to provide government services and infrastructure for Queenslanders.1 July 2022
Why should investments in other states help to pay for Queenslanders, next it will be overseas investments
It's a State thing, should not have been brought in, but if it's there, it should stay within the stated purpose Also it is another example of the double dipping of taxes.
The owner pays rates and various usage charges to councils and if it returns a income there are more taxes paid so this is just a grab for nothing more or less one of Labors bad tax efforts
