The government of the Australian state of Queensland has been called out by local mining companies via a pre-budget media campaign protesting the state’s sky-high royalty regime, telling them to “respect” struggling households. This comes after the Queensland Labor government introduced a three-tiered coal royalties system in July 2022 to capitalise on record coal prices…
Queensland Government Tells Miners to Stop Complaining About Sky High Royalties
NSW Refusing to Play Ball on Queensland’s Contentious Extra-Territorial Land Tax
September 27, 2022
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AustraliaBusiness & MarketsCameron DickDavid CrisafulliDominic Perrotteteconomic policiesGlobal Real EstateInternationalLand Taxpersonal financeQueenslandreal estateWorld
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New South Wales Premier Dominic Perrottet has ruled out cooperating with Queensland state authorities to help roll out its contentious extra-territorial land tax. In a nation first, the Queensland Labor government’s proposal will calculate the amount of land tax owed by an investor based on their total property holdings across the country, instead of what…
Queensland Should Control Its Spending, Not Impose a New Interstate Land Tax
Commentary Queensland’s government has proclaimed that in the spirit of the state’s long-standing fiscal tradition, it is committed to “no new or increased taxes” and to its tax take being below the average of other states. Taxpayers would be relieved to hear of this commitment. But it is difficult to reconcile with the Queensland government’s…
Queensland Should Control Spending, Not Impose a New National Land Tax
Commentary Queensland’s government has proclaimed that in the spirit of the state’s long-standing fiscal tradition, it is committed to “no new or increased taxes” and to its tax take being below the average of other states. Taxpayers would be relieved to hear of this commitment. But it is difficult to reconcile with the Queensland government’s…
Rental Market Under Pressure in Brisbane, Queensland After Lockdown-Driven Migration
September 8, 2022
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australian housingBrisbaneBusiness & MarketsCameron DickCCP VirusDavid Crisafullieconomic policiesGlobal Real Estateproperty rentalQueenslandreal estateWorld
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Demand for rental properties remains sky high in the capital city of Queensland, Australia, following months of interstate migration from some of the most heavily locked down cities in the country. The latest figures from the Australian National University and CoreLogic, a property data firm, showed that rental vacancies in the Greater Brisbane area—around 2.5…
Rental Market Under Pressure in Brisbane, Australia After Lockdown-Driven Migration
September 8, 2022
admin
Australiaaustralian housingBrisbaneBusiness & MarketsCameron DickCCP VirusDavid Crisafullieconomic policiesGlobal Real EstateInternationalproperty rentalQueenslandreal estateWorld
0 Comment
Demand for rental properties remains sky high in the capital city of Queensland, Australia, following months of interstate migration from some of the most heavily locked down cities in the country. The latest figures from the Australian National University and CoreLogic, a property data firm, showed that rental vacancies in the Greater Brisbane area—around 2.5…
Australian Coal Mining Companies Accuse State Government of a Lack of Transparency on Royalty Rates
Currently, coal mining companies are calling on the Queensland government to be transparent about how much the state government will tax them in 2022-2023, even though the new financial year is approaching. Queensland Treasurer Cameron Dick said that the tax on each tonne of coal sold, also known as royalties, imposed on miners would rise…
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