House debates

Tuesday, 25 June 2024

Bills

Treasury Laws Amendment (Responsible Buy Now Pay Later and Other Measures) Bill 2024, Capital Works (Build to Rent Misuse Tax) Bill 2024; Second Reading

6:29 pm

Simon Kennedy (Cook, Liberal Party) Share this | Hansard source

I come from a town called Charters Towers, which is under the Mining Act. There are about 12,000 people there, and it's an hour's drive away from Townsville, where the population is only 300,00 people. You could buy a piece of land there for $7,000. You just went in, made an application and handed in your survey. Within about half an hour, you could sell the block of land.

Now, the land price was $7,000 for a vacant piece of land.

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