Episode Details

Queensland’s land tax is set to rake in nearly $5 billion annually by 2029, fueled by soaring property values—but the tax thresholds haven’t budged since 2007, sparking debate. Former opposition leader David Crisafulli once called it a “stealth tax,” arguing it unfairly targets everyday investors, yet his current government refuses to revisit the limits, calling it stability. The Real Estate Institute of Queensland insists the $600K threshold for individuals is outdated and fuels “bracket creep,” urging a review—not abolition—to align with inflation. While revenue growth may slow as land values stabilize, the overall climb remains steep, with a slight dip projected for 2025-26 before resuming its upward trajectory.

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