Page 133 - Week 01 - Wednesday, 28 November 2012
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up 118 per cent. They do not live in Calwell where they have gone up 110 per cent. I can read the whole list if you want. This is a Treasurer who does not live in the suburbs and does not understand because he does not get out, he does not talk to people and he does not care.
It is easy to say, “Well, all the other states are talking about getting rid of conveyancing.” Yes, they are. I think Bruce Baird is talking about the federal government paying for it. Bruce Baird is not talking about New South Wales tripling—
Mr Barr: Mike Baird.
MR SMYTH: Mike Baird—I apologise. Mike Baird is not talking about tripling rates in New South Wales; he is talking about addressing some of the imbalances we have between federal and state finances. He is not talking about tripling rates. He said he thought the income tax spread should be better.
Mr Barr: He doesn’t levy rates. He levies land tax, and he’s increased that.
MR SMYTH: Well, that is right. There you go. The Treasurer creates the illusion that all the other states and territories are following him, but when you actually put the facts on the table, the shifting sands start. Again, the shifting of the Treasurer is noted by so many people.
There are questions still to be asked here. There are things that need to be addressed. The Treasurer says the opposition leave out the 33,000 properties whose rates went down. How do we know that is true? Table the document that proves that. Table the document. If we know the rates on apparently 33,000 properties went down, give us the rest of how much they went up, and give us the five, 10, 15 and 20-year projections, because surely you have done that work. You have done that work, haven’t you?
Mr Barr: Yes.
MR SMYTH: Well, table it. Table your documents. You did not have the documents—
Mr Barr: It’s in the five-year plan that was released.
MR SMYTH: No, no, no. We are asking for the work by Treasury. We go back—in that case, rates are clearly tripling, by your own documents. You say it is in the tax review. This is the question. Mr Coe asked this question and we were referred to the Quinlan review. Well, table the documents. Table the sheets that show what happens after the five years, what happens in 10 years, what happens in 15 years, what happens in 20 years. Tell us when stamp duties apply. Instead of it being a tired argument, tell us when you will take cost of living seriously and reduce the burden on the people of the ACT. (Time expired.)
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