The Property Council is letting it be known just how happy they are with the Ted Quinlan proposed tax reform process Andrew Barr is undertaking:
Property Council Executive Director of International & Capital Markets, Andrew Mihno, said: “The ACT government’s new rules will strip away critical barriers to investment for property investors.”
Property Council ACT Executive Director, Catherine Carter, said: “The industry applauds the ACT Government’s policy initiative and decisive action”.
“This will give unit trust investors the ability to increase their portfolio investment in ACT property by 30%.”
Mr Mihno added: “The ACT government’s simple and intelligent approach has solved a raft of problems that were holding back investment.”
Somewhere Zed Seselja raises his to the sky and cries:
My God, my God, why hast thou forsaken me