Page 1097 - Week 06 - Thursday, 27 July 1989
Next page . . . . Previous page . . . . Speeches . . . . Contents . . . . Debates(HTML) . . . . PDF . . . .
I would also point out that the Labor Party's election policy statement promised that the 50 per cent betterment levy would be increased to 100 per cent in some circumstances, to ensure an adequate return to the community. By my recollection, during the campaign a figure of some $4m was being bandied around by the Labor Party as it sought government to reflect what it believed could be gained from such measures. I think we in the community are entitled to wonder whether the Government has given up on betterment policy, and, if not, what has happened to the $4m that we were all told was going to be raised.
The Government also intends imposing stamp duty on the sale of businesses at conveyancing rates, similar to what happens in the States. Since this is wholly consistent with the Rally's declared policy, we applaud the decision.
Finally, I note that there is a fee of $20 for inquiries made concerning rates and land taxes during the course of lease transfer transactions. The Rally welcomes this, as it brings the ACT into line with other States, although we have to take into account the fact that this may have some effect on young home buyers.
I would like to briefly continue with a couple of points that Mr Collaery was unable to raise because of the time factor. I am sure that I will not raise them in as eloquent a manner as he would, but I will do my very best. We note on page 33 of the budget statement details in relation to increased private sector development of land. We should be careful - - -
MR TEMPORARY DEPUTY SPEAKER (Mr Wood): The member's time has expired.
Question resolved in the affirmative.
PLANNING, DEVELOPMENT AND INFRASTRUCTURE - STANDING COMMITTEE
MS FOLLETT (Chief Minister) (4.11): I move:
That the following matters be referred to the Standing Committee on Planning, Development and Infrastructure -
(1) review the potential development options for the Kingston foreshore area with special attention to:
(a) the opportunity of creating a distinctive tourist focal point based on the historic Kingston Power House and the adjacent foreshore area;
(b) the opportunity for water related activities on the foreshore and the possibility of
Next page . . . . Previous page . . . . Speeches . . . . Contents . . . . Debates(HTML) . . . . PDF . . . .