Saturday, May 21, 2005

Land tax protest: Blue Mountains

Construction Forestry Mining Energy Union representative (CFMEU), Dave Harwood, who was represented at the protest by building workers, said the taxes had failed to raise the projected revenue, and investors were taking their money interstate.

"Already local building workers are raising concerns that they may be out of work within months as employers are struggling to sell current developments, and are therefore unable to fund new projects which will result in layoffs.

"Half a million people have been hit with tax bills for thousands of dollars for the first time, with several thousand of them being small mum and dad investors from the Blue Mountains who bought a house or unit to finance their retirement."

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