Legislative Council: Wednesday, July 31, 2019

Contents

Land Tax

The Hon. K.J. MAHER (Leader of the Opposition) (14:37): My question is to the Treasurer. Will someone who holds a significant portfolio—say, of eight investment properties in areas such as Kingston Park, Oaklands Park, Mitcham or Christies Beach—who doesn't necessarily own these properties in the same names, be impacted by your land tax aggregation policy; that is, is it possible that properties held jointly may be apportioned to individuals' land tax liability, or is this aggregation policy just limited to trusts?

The Hon. R.I. LUCAS (Treasurer) (14:38): As I have publicly indicated on a number of occasions, the government is out to consultation in relation to the final nature, shape and structure of its proposed land tax reforms. The bill is likely to be introduced into the parliament no later than late September, and until then there is no concluded position in relation to the government on this issue.