Not going to put this in the rant thread, after a pleasant day in the garden, settled down last night to read the newspaper, house prices in Melbourne and Sydney continuing to rise, levy on foreign ownership not making any difference because it is still cheaper for Mr Wong in China to pay that levy and continue to buy in our market.
Our big new shiny computer which serves the tax office and Centrelink recently sent out the amount one owes in Land Tax, this computer seems to be casting a wide net snaring those who no longer own that land and it is up to them to show that they no longer own that land, same thing happened in the quest to catch the dole bludgers. Cast a wide enough net and leave it up to the recipients of the dole to explain the reason why they are on disability or Centrelink payments.
While I have no complaints about paying land tax, I wonder what Mr Wong will do with his letter saying he owes land tax on the investment property he bought, and how does the tax office collect from a foreign investor?