Residential Rents, Caravans, Tax Reform, Democrats, Labor Party
June 21, 2000Petrol and Diesel excise reduction
June 23, 2000
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NO.054
ECONTECH REPORT INTO BOARDING HOUSES The Department of Family and Community Services commissioned the economic modellers Econtech to analyse the effects of tax reform on boarding houses. The Report shows that expected average price increases will be more than compensated by increases in pensions and rent assistance. In the short-term both input taxing and the concessional rate approaches give nearly identical price change results, respectively 3.6% and 4%. In the long-term, the concessional rate approach becomes significantly more attractive than input taxing, with respective price changes at 1.5% and 3.1%. In the Report, Econtech makes it clear that short-term refers to first year (2000/01) effects. CANBERRA 20 June 2000
Contact: David Alexander Tax Reform Legislative Unit (02) 6277 6390
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