Chief Minister should rule out tax increases in next week’s budget

Chief Minister Andrew Barr should rule out increases to the cost of living in the upcoming ACT Budget, Leader of the Opposition Alistair Coe said.

“Many Canberrans are struggling with ACT Labor’s and the Greens’ increases to rates, taxes, fees and charges,” Mr Coe said.

“The ACT government is awash with cash both from the Commonwealth and Canberrans. There is absolutely no need for further tax hikes.

“In just five years, rates revenue has increased from $209 million to $452 million. In the same period, the number of dwellings has only increased by approximately 10 per cent.

“According to the government’s own figures there’s more gouging to come. By 2020-21, nine years of Labor’s tax reform will see annual rates revenue triple from $209 million to $627 million.
“The Canberra Liberals will vote against any increases to rates and taxes in the upcoming ACT Budget,” Mr Coe concluded.