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AAP
AAP
Politics
Callum Godde

Tax on empty homes and vacant land to free up housing

Unoccupied homes and vacant land will be subject to property tax in the hope of freeing up housing. (David Crosling/AAP PHOTOS)

Victoria will broaden a little-known tax to encourage more property owners to rent out empty homes and develop vacant land. 

Treasurer Tim Pallas on Tuesday announced legislation would be introduced to expand the vacant residential land tax statewide.

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