Polwarth electorate
Richard RIORDAN (Polwarth) (14:48): (424) My question is to the Treasurer, and the question I have for the Treasurer is: could he please provide an explanation to members of my community who have incurred windfall gains tax on council rezoning of land within the township of Colac in a recent application? The reason I ask this question, Treasurer, is because these landowners were willing participants in a rezoning but have no intention of subdividing their land. In some instances people have received accounts from the State Revenue Office for $200,000, $300,000 and, in one case, $1.9 million. These people need to understand what the costs and implications are of your deferral process. The reason this is important is because your billing has required payment within 60 days. These are not wealthy people; these are not people who plan to sell or subdivide their land anytime soon.