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New valuation laws a kick in the teeth for Property Council of Australia

Steve Greenwood -
a three time loser
in his stoush with
the State Government

Despite his political posturings and awkward attempts to save face, the Executive Director of the Property Council of Australia Steve Greenwood has suffered three big losses in one day.

The State Government has legislated to maintain existing property valuations as well as the legality of individual Council rates plus it will abandon the current valuation methodology on which the Property Council based its entire ill-fated campaign.

Poor old Steve Greenwood - he couldn't get up even one leg of the Brisbane trifecta.

Moving from un improved capital value to site value in Queensland will ensure a much better and more equitable regime for the calculation of land tax and local government rates.

Meanwhile, Steve Greenwood can chalk up another loss in his expensive, failed campaign to be the king-pin of Queensland politics!

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