Rates petition should be referred to committee for inquiry

A petition with thousands of signatures calling on the Labor-Greens government to reverse its method for calculating rates paid by unit owners should be referred to the Public Accounts Committee for inquiry, Leader of the Opposition Alistair Coe said today.
Mr Coe will today table a petition in the ACT Legislative Assembly initiated by a Canberra local on behalf of thousands of people outraged by the Labor-Greens government’s tax reform.
“There is a groundswell of opposition to the Chief Minister’s tax regime,” Mr Coe said.
“In the past twelve months, hundreds of Canberrans have reached out to me and my Liberal colleagues desperate for help, some even pleading for mercy.
“This petition speaks volumes to the cost of living under a Labor-Greens government: it is proving too high for countless Canberrans.
“In just five years since Chief Minister Barr’s tax reform began, rates revenue has more than doubled from $209 million to $452 million. And stamp duty revenue has increased by a third from $239 million to $316 million.
“Some apartment owners have been hit with a double whammy, paying the highest rate in stamp duty while also being slugged by rate hikes.
“Canberrans have had enough, and the Labor Party and the Greens should not brush this issue aside.
“This matter should be referred to the Public Accounts Committee for inquiry and report without delay,” Mr Coe concluded.