Page 1910 - Week 05 - Thursday, 5 May 2011

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However in 2011/12 with a 75% remission the charge would actually be $12,500 per unit.…

These changes will have a major impact on the attitude of developers towards redevelopment … Clearly there will be a race to submit proposals early rather than later.

So acknowledgement that the sky is not going to fall in this year, that actually the time is right to get your development on the table and planned and ready to go—

Mr Seselja interjecting—

MR SPEAKER: Thank you, Mr Seselja!

MS GALLAGHER: in recognition of the transition arrangements that we have put in place over the next four years—very generous transition arrangements that have been put out for the next four years. This government is saying to the property industry: the market will adjust—

Opposition members interjecting—

MR SPEAKER: Order, members!

MS GALLAGHER: Exactly, Mr Speaker. The market will adjust. The price is there—

Mr Barr interjecting—

Mrs Dunne interjecting—

MR SPEAKER: Mr Barr, Mrs Dunne, thank you.

MS GALLAGHER: The return to the community is required. This is a good change. (Time expired.)

Mr Smyth: I raise a point of order, Mr Speaker. Under standing order 213 perhaps the minister would like to table the document she was just quoting from.

Ms Gallagher: No. Go and get it yourself, Brendan. It’s a private document.

Mr Smyth: Mr Speaker, under the standing order I will move that the minister now table the document.

MR SPEAKER: Treasurer, are you going to table the document or are you going to—

Ms Gallagher: I will give them a clean copy. I have got some doodling on it, Mr Speaker.

MR SPEAKER: Treasurer, can we arrange to have that in the next while?

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