Tuesday, 26 November 2024

 Nicole WERNER (Warrandyte) (14:46): (928) My question is to the Treasurer, and my question is: when will the Treasurer review the crippling and burdensome land tax increases that are hurting my community? I have this issue raised with me constantly in my electorate from retirees who have dutifully paid taxes and worked hard their whole professional lives to humble mum-and-dad investors who have sacrificed and done their best to get ahead to aspirational migrant families. I have even had constituents note increases in their land tax bills of 200 per cent to 275 per cent, paying more than $35,000 a year just in land tax. Locals have told me that they have been forced to sell their homes or businesses because they can no longer afford them. It is no surprise that the Herald Sun has reported that thousands of Victorians are refusing to pay their spiralling land tax bills. We know that this is only going to get worse as Labor hikes up taxes more and more as this government continues to smash aspiration in Victoria.