Land Tax

The Hon. E.S. BOURKE (14:45): My question was: how many mum-and-dad investors are there? Your economic modelling must show how many there are.

The Hon. R.I. LUCAS (Treasurer) (14:45): There are 51,000 or 52,000 individuals, or mum-and-dad investors, of which 92 per cent will be better off as a result of the comprehensive, bold, imaginative land tax reform package and 8 per cent, just over 4,000 individuals, will be worse off as a result of that.