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New vacant property tax potentially hits farmers

THE residential vacancy tax previously limited to Melbourne only has been extended to regional areas, immediately provoking strong reactions from the State Opposition, the Victorian Farmers Federation (VFF) and other housing industry stakeholders.

The announcement was made by Victorian treasurer, Tim Pallas, who revealed the changes at an industry breakfast earlier this week and it was believed he did so without the premier’s knowledge, also raising questions about her cabinet and the communication in her ranks.

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