The Treasurer has done no modelling to determine how many jobs are at risk as a result of his investor land tax grab which will hit major employers like Forico, Norske Skog, Dutch Mill, BRA and Hop Products Australia to name a few.
Labor Shadow Primary Industries Minister Shane Broad said the tax was clearly a reckless thought bubble.
“The Treasurer has done no modelling, no consultation and has no detail about his new investor land tax,” Dr Broad said.
“He has no idea what impact the tax could have on jobs, particularly in regional areas.
“This tax will hit some of Tasmania’s major employers in the agricultural and forestry sectors.
“It may also hit family farms that have a portion of foreign equity investment or farmers who have relocated from countries like New Zealand.
“In his desperate attempt to find cash to plug his budget black hole, the Treasurer is recklessly putting at risk investment and jobs in Tasmania.”
Shane Broad MP
Shadow Primary Industries Minister