According to a speech provided to media ahead of Friday night’s campaign launch, Bandt will accuse the Andrews government of being “just too close to the property developers”.The affordable housing levy would have raised about $800 million a year from the property sector for new social housing by charging developers 1.75 per cent of the expected project value on new subdivisions or developments with three or more dwellings from 2024.
Incensed, the Property Council claimed the tax would add $19,600 to the cost of a new development, and the state opposition, the-then federal Coalition government and industry groups savaged the plan. “Under opposition from the industry, Labor rolled over and caved, scrapping the levy to build affordable homes, leaving people hostage to the rising rents and rising mortgages which are driving massive profits for developers and big banks,” Bandt will say in his speech.
_Biancah
_Biancah well andrews is apparently, just ibac has no teeth as it relies on the govt for money
_Biancah The Greens will over play their hand and Join the Australian Democrats in due course.
_Biancah Not sure which is worse Andrews or the these gutter Green grifters
Property Property Latest News, Property Property Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: brisbanetimes - 🏆 13. / 67 Read more »