Govt con­sid­ers $270 prop­erty levy

Pilbara News - - News - Gary Ad­shead

Peo­ple with in­vest­ment prop­er­ties in WA would be hit with a $270 levy un­der a Gov­ern­ment plan to raise rev­enue and fix the bud­get cri­sis. The Pil­bara News’ par­ent pa­per

The West Aus­tralian un­der­stands the tax will be linked to wa­ter rates and ap­ply to tens of thou­sands of in­vest­ment prop­er­ties with a gross rental value of $24,000 or more.

The Gov­ern­ment did not rule out the levy last week but re­fused to con­firm any de­tails.

“All op­tions are be­ing con­sid­ered as part of the bud­get re­pair process,” a spokesman for Trea­surer Ben Wy­att said.

“Any an­nounce­ments re­gard­ing house­hold fees and charges will be be­fore July 1.”

Sources say the levy will tar­get those get­ting in­vest­ment earn­ings of more than the me­dian house rental, which is $380 a week in WA.

The State Gov­ern­ment is ex­pected to in­crease elec­tric­ity and wa­ter charges and pub­lic trans­port fares by at least 6 per cent be­fore it hands down its first Bud­get in Septem­ber.

“We have made, as a new Gov­ern­ment, a range of sav­ings mea­sures,” Mr Wy­att told Par­lia­ment last week. “I must ad­mit I’m not en­joy­ing mak­ing them, but the re­al­ity is ev­ery­one has to con­trib­ute and every­body will be looked to to con­trib­ute.”

He said fur­ther an­nounce­ments on sav­ings would con­tinue un­til the Bud­get.

“For ex­am­ple, tar­iffs, fees and charges need to be an­nounced prior to their im­ple­men­ta­tion on July 1,” Mr Wy­att said. “I will be look­ing to all or­gan­i­sa­tions and in­di­vid­u­als in the com­mu­nity to help . . . in terms of spe­cific im­pacts on spe­cific tax­pay­ers, you’ll have to wait for the Bud­get.”

Premier Mark McGowan has al­ready moved to re­duce the num­ber of Gov­ern­ment de­part­ments from 41 to 25, frozen the salaries of politi­cians and se­nior pub­lic ser­vants, and in­tro­duced a max­i­mum $1000 pay rise for oth­ers in the pub­lic ser­vice.

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