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Update - Valuation of Land Act Amendment Bill
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Following an intensive lobbying campaign led by the Property Council of Australia, with support from property organisations including the REIQ, the Premier today announced in State Parliament the future direction the Government is taking on this critical issue. The Government has acknowledged industry concerns regarding the damage the proposed changes to the Act would have inflicted on property markets throughout the state.
Click here to read the Premier’s Statement.
Harringtons Property Management will continue to update our clients and customers on further developments with this issue and strongly supports the steps that have been taken by the property industry collectively over the past three weeks. |