Landowners welcome Coalition GAIC reforms
Thursday, 02 June 2011 16:39

Landowner group Taxed Out welcomes today's announcement by Planning Minister Matthew Guy that he has introduced a Bill into Parliament that will reform the Growth Areas Infrastructure Charge (GAIC) making it fully payable by developers at the time development takes place.

Today's announcement that the Coalition Government will charge the GAIC fully at the statement of compliance stage is good news for landowners, developers and home-buyers, said Michael Hocking, Chairman of Taxed Out Inc.

"This is clearly the fairest and most efficient method of collecting development charges and brings Victoria in line with the rest of Australia," said Mr. Hocking.

"These amendments reinstate property rights the Brumby Government took from families and the elderly living on the outskirts of Melbourne."

Mr. Hocking thanked the Coalition Government for taking the time to listen to landowners, commit to a just policy and implement changes to Labor's ill-conceived upfront GAIC charge which had caused so much anguish.

"Since Labor announced its upfront GAIC policy in December 2008 Taxed Out members have witnessed properties failing to sell, contracts of sale falling through and mortgage finance refused," said Mr Hocking.

Mr Hocking said some landowners have unwittingly triggered the GAIC and now owe the State Revenue Office hundreds of thousands of dollars.

"None of this would have occurred if Labor had listened to community concerns," said Mr Hocking.

"Instead they arrogantly introduced an upfront GAIC tax unlike any other in Australia and registered it on freehold property titles, effectively taking a mortgage over the land."

Media contacts: Michael Hocking 0400 248 099 (Chairman)
Greg Heffernan 0439 974 523 (Northern region)
Nola Dunn 0421 108 007 (Western region)

 

Comments
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Peter  - GAIC changes   |220.233.15.xxx |2011-06-01 21:28:44
Well done Taxed Out and well done Matthew Guy and the Coalition.
Andrea  - GAIC Changes   |138.217.119.xxx |2011-06-02 03:17:11
What a significant announcement! All those from Taxed Out who have devoted so much of their time and energy should be so very proud. You took them on and won!
cathy  - GAIC   |121.222.40.xxx |2011-06-02 16:28:03
Mathew Guy smart guy ! Our government needs more people like him. Australians love you.
Lynne  - GAIC Reforms   |121.219.40.xxx |2011-06-02 12:46:39
Well done Taxed Out- Michael and Co.
Well done Matthew Guy and thank you for keeping your word.
nola  - GAIC   |121.222.40.xxx |2011-06-02 16:29:55
The Liberals have acted upon what they promised, what a shame the previous government didnt listen to common sense and save us all this heartache. All labor people should hang their head in shame! Fantastic work Matthew Guy and a job well done Ted, you have my support!
Luke  - Same Same   |121.222.40.xxx |2011-06-02 16:31:26
As a landholder I welcome these changes, but lets face it, it is only beneficial to landowners.

To suggest this will increase housing affordabilty is imply a farce. $95k now or later is still $95K minus the interest. So the buck will be passed to the consumer of the end product!

Argh you got to love freedom and democracy.

Michael From Woodstock  - GAIC Success   |58.170.106.xxx |2011-06-05 14:45:21
A huge success for Taxed out and a moral victory for property owners. My deepest gratitude to Michael and all the commitee for their huge personal effort and the thousands of unpaid hours that you have worked on our behalf.

A loud thankyou to the Libs, the Greens and the Coalition Government for opposing such unfair legislation and especially to Matthew Guy who has stood by his word, against feirce pressure at times. Your Ethics have earned you the vote of my family and friends into the future.

To the Labor members, like Danielle Green, who stand up at public meetings and say they will be voting along party lines, even if the legislation is immoral. Well.... you don't deserve to be in politics never mind opposition.

To those who have worked a lifetime to own their properties. Enjoy your retirement, you have earnt it.

Michael
David  - Matthew for Premier   |203.16.24.xxx |2011-06-08 19:31:50
Matthew, thank you for all you did for us and for keeping your word. One day you will make a good premier.

PS.. for the last time. To Justin Madden, what a loser and a disaster of a politician, you and your Labor Party will never get my vote again.
Michael  - Reply to David   |58.170.49.xxx |2011-06-13 23:26:12
Well...David... Don't hold back mate, tell us exactly what you think! "Smile"

Labor has made enemies for life with this fiasco. Decades after this, families in the growth areas will be lecturing their kids about the Brumby Labor Government trying to steal their land and homes, or a huge percentage of it.

Labor attacked the second most important human instinct. The first is putting food in your stomachs the second is providing a roof over your heads. God help any politician that tries that sort of s**t. They will meet the same end as Justin Madden and John Brumby did.

David,... I'm with you, my whole family will never vote labor again. Not till hell freezes over.
Michael
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