The surprise announcement came on the first day of parliament since Jacinta Allan became premier
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Victoria’s treasurer has shocked the property industry and even some of his colleagues when he announced an expansion of taxes on vacant residential land during Jacinta Allans first day of parliament as premier.
Tim Pallas, told an industry breakfast on Tuesday that he planned to introduce legislation to parliament this week, which will see the vacant residential land tax expanded to include the whole state from 1 January 2025.
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