Global Power | Local Knowledge | Uniquely Personal
All Articles News FAQs Videos
中文

PCA calls for tax reform

ACT property reform is being called for by the PCA.

The Property Council of Australia (PCA) has called for fundamental tax reforms to bring about a fairer, more efficient and sustainable property market.

Reforms are planned to be implemented in the Australian Capital Territory (ACT) in the coming months and the PCA has therefore called for a new five-year plan to bring about significant productivity improvements for the industry over the coming years.

Earlier this year, the ACT government announced a 20-year proposal for the reform of the sector, but the PCA now wishes to see a more in-depth short-term plan to bring about considerable gains sooner rather than later.

In July, the Housing Industry Association highlighted widespread weakness in the Australian property market and called for government action to address this issue.

The organisation stated its belief that significant reforms are required to ensure thousands of out-of-work individuals in the construction sector are given the chance to re-enter the industry over the coming years.

Posted by Steve Douglas

- property, tax, reform, PCA, HIA

DISCLAIMER: All information provided is of a general nature only and does not take into account your personal financial circumstances or objectives. Before making a decision on the basis of this material, you need to consider, with or without the assistance of a financial adviser, whether the material is appropriate in light of your individual needs and circumstances. This information does not constitute a recommendation to invest in or take out any of the products or services provided by SMATS Services (Australia) Pty Ltd or Australasian Taxation Services Pty Ltd.

COPYRIGHT: All information provided is protected by international copyright laws. You may not copy, reproduce, distribute, publish, display, perform, modify, create derivative works, transmit, or in any way exploit any such content, nor may you distribute any part of this content over any network. Copying or storing any content is expressly prohibited without prior written permission of SMATS Group or the copyright holder identified in the individual content's copyright notice. For permission to use the content on please contact info@smats.net.

中文

Subscribe Now