The Queensland government’s changes to land tax rules – scrapping a loophole used by interstate investors – has been met with a bordering-on-hysterical response.
Having been railed against by the real estate industry, the measures are now being called a “renters’ tax” by politicians and some media. This is despite the fact some of the country’s leading housing market experts and economists have disputed the central claim of the campaign being waged: that it would exacerbate the housing crisis.
