MEDIA RELEASE: Smith and Matheson fight to impose rezoning tax to reduce council rates

Western Australia Party MP Charles Smith and party leader Julie Matheson say a 25 per cent rezoning tax applied to large development profits could reduce council rates.

The tax would be applied to land banking profits with funds collected being injected into an infrastructure and amenity fund for the public’s benefit.

If the tax is implemented there would be less pressure to raise council rates.

MEDIA RELEASE: Offshore giants pay higher royalties or employ locals

Western Australia Party MP Charles Smith said Labor’s 2021 Budget could be improved with increasing mining royalties for offshore mining corporations and investing in a local manufacturing industry.
The Eastern Metropolitan representative said global mining giants should pay higher taxes for investment into state infrastructure, paying down debt and putting money aside for the people of WA via a new sovereign wealth fund.