Rates model hits poor

Updated April 24 2018 - 8:21pm, first published November 8 2015 - 8:29pm

News that recent rates hikes have delivered the government a revenue windfall ("Rate hikes drive $81m rise in ACT government revenue", November 6, p1) should not surprise anyone with an understanding of the taxation path that ACT Labor has set Canberra on. The rates model championed and adopted by Andrew Barr was always going to raise a lot more money than the stamp duty reductions that it was designed to offset.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Canberra news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.