Page 1088 - Week 05 - Tuesday, 23 June 1992
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Mr Berry: Sixty days. What a joke!
MR CORNWELL: I have asked that it be considered, Mr Berry. Let us hope that in the next session of this Assembly the Government will be a little more considerate of the needs of the other members of the Assembly and the needs of those people to conduct adequate public discussion and consultation with the community, and that we do not see in December of this year yet another avalanche of legislation coming forward after we have sat around for weeks dealing with nonsensical ministerial statements simply to take up the time.
MADAM SPEAKER: Order! The time for this discussion has expired.
SCRUTINY OF BILLS AND SUBORDINATE LEGISLATION -
STANDING COMMITTEE
Report and Statement
MRS GRASSBY: I present report No. 7 of 1992 of the Standing Committee on Scrutiny of Bills and Subordinate Legislation and I seek leave to make a brief statement on the report.
Leave granted.
MRS GRASSBY: Report No. 7, which I have just tabled, details the committee's comments on 18 Bills and 20 pieces of subordinate legislation and a government response. I commend the report to the Assembly.
RATES AND LAND TAX (AMENDMENT) BILL 1992
MS FOLLETT (Chief Minister and Treasurer) (4.09): Madam Speaker, I present the Rates and Land Tax (Amendment) Bill 1992.
Title read by Clerk.
MS FOLLETT: I move:
That this Bill be agreed to in principle.
Madam Speaker, this Bill amends the Rates and Land Tax Act 1926. In proposing the municipal rates and land tax to apply in 1992-93 the Government has sought to balance the impact on the community with the need to respond to the reduced level of funding from the Commonwealth and to address the overall budget gap the ACT faces in 1992-93. The new property values assessed by the Australian Valuation Office to apply in 1992-93 as the basis for determining liability for rates and land tax show some very substantial changes from those which applied in 1991-92. There has been an overall increase in the value of land in the ACT of 18.4 per cent, from $6.2 billion to $7.4 billion, including an increase in residential property values of over 26 per cent and a decline in commercial valuations of more than 5 per cent.
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