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Taxes up 20%, but no guarantee of a return

Wednesday 31 May 2017

Taxes up 20%, but no guarantee of a return

Housing Minister Martin Foley has failed to answer basic questions on his portfolio at a Public Accounts and Estimates Committee (PAEC) appearance today.

Asked about the Andrews Labor Government’s new Vacant Residential Property Tax, the Minister bumbled through a response that revealed a staggering lack of understanding on what this new tax will mean for Victorians.

The Minister has been happy to tout the benefits of this new tax for homelessness and housing affordability, but he can’t say if this new tax will actually do what Labor promised and add properties to the rental market.

It’s clear the Andrews Labor Government expects Victorians to pay more in tax without any guarantee they’ll get a return.

Mr Foley was also unable to answer any basic questions on the transfer of 4000 public housing residences to community housing.

The Minister couldn’t say how the Government planned to consult with affected tenants or guarantee community housing associations wouldn’t be handed poor quality housing stock they’ll soon have to pay to be repaired.

Either the Minister isn’t across the detail of his own portfolio or the detail doesn’t exist.