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Legislative Council - Fifty-Fourth Parliament, First Session (54-1)
2019-09-24 Daily Xml
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Land Tax

The Hon. I. PNEVMATIKOS (15:16): My question is to the Treasurer. Why is the Treasurer continuing to refuse to release the Treasury modelling the Marshall Liberal government relied upon to formulate the latest land tax policy?

The Hon. R.I. LUCAS (Treasurer) (15:17): That's not correct. We released, last week, some detailed modelling methodology that PricewaterhouseCoopers (PwC) had been commissioned to provide, an independent set of eyes in relation to the Treasury modelling. That particular document outlines in excruciating detail the methodology that has been utilised by Treasury and makes the judgement in the end that it was a reasonable methodology that has been used by Treasury, and PwC couldn't think of any alternative databases that might have been used to construct the estimates in any better way. That is, I think, a layperson's summary of the PwC report.

I refer the honourable member to the PwC report, which was made publicly available a week or so ago on the YourSAy website for the honourable member and indeed for anybody else who wants to take the trouble to have a detailed look at the methodology that Treasury used and the independent assessment that PwC did of that.

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