House of Assembly: Tuesday, July 23, 2019

Contents

Land Tax

The Hon. S.C. MULLIGHAN (Lee) (14:25): My question is again to the Premier. Why did the Minister for Primary Industries make a public statement yesterday that the government doesn't know what the impact will be of the land tax measure?

The Hon. S.S. Marshall: Say that again, sorry.

The Hon. S.C. MULLIGHAN: Why did the Minister for Primary Industries make a public statement yesterday that the government doesn't know what the impact will be of the land tax aggregation measure?

The Hon. S.S. MARSHALL (Dunstan—Premier) (14:25): I'm not going to take the member for Lee's interpretation of what was said—

Members interjecting:

The SPEAKER: Order!

The Hon. S.S. MARSHALL: —by the Minister for Primary Industries and Regional Development. Of course, nobody can know accurately exactly the dollar revenue that will come from these measures. This is why an estimate is provided by Treasury. There is always some movement, as there would be with every single set of books that is created. This is the best estimate the Treasury can provide but, as I have said repeatedly, we are not so arrogant as to not listen to people who have an alternative view.

That's why we are sitting down now with people who are doing separate modelling. If there is a wide variation, we are very happy to listen to that information and the assumptions upon which those forecasts are provided. I make this commitment: if more money is likely to come in from this revenue measure, then we will accelerate the rate reduction because it is in our interest to lower the rates in South Australia to stimulate further economic activity. That is precisely what we will be doing.

The SPEAKER: The member for Badcoe and the Minister for Primary Industries are called to order.