The LNP's State Member for Burnett Stephen Bennett, who represents cane growers in the area, said the changes were likely to deter foreign investment which supports local jobs.
"These taxes will be passed on to the consumer through other taxes and charges or through the price of produce." "Queensland's land tax rates are amongst the lowest, and the thresholds at which land tax becomes payable are amongst the highest, in Australia," he said. "The sugar industry is very hard hit at the moment with global sugar prices low, electricity prices high and with the crops decline as well it means that we have to pay over about $1.4 million that we just don't have," she said.
Lets have a plebiscite on foreign investment.
foreign land owners should divest d land to Aust farmers
why do we need foreign investors to buy our land Even without them prices of comm office n residential r too high due to pop growth Singapore n Vancouver had to place extra stamp duty n vacancy tax to stop run away prices We dont need foreign speculators
Good!
Yeah thats the idea. Why doesnt Australia occupy itself with a TREATY before worrying about how much money they can make from selling land to foreign investors? Ridiculous Greed Gluttony