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HIA warns CGT changes could worsen Australia’s housing supply
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HIA warns CGT changes could worsen Australia’s housing supply
THE Housing Industry Association (HIA) has a simple message for the inquiry into Capital Gains Tax (CGT) on residential property – if you tax something more, you will get less of it. “Housing is already one of the most highly taxed sectors in the Australian economy,” HIA Managing Director Jocelyn Martin said. “Independent research tells us that nearly half the cost of a new house and land package in capital cities is made up of taxes, fees and c…
·Ipswich, Australia
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