Madden comes to his senses!

Justin Madden backflip on suburbs tax
Stephen McMahon
From: Herald Sun
Sat Oct 17 00:00:00 EST 2009 Sat Oct 17 00:00:00 EST

A REBELLION within the state Labor Party has forced Planning Minister Justin Madden into a backflip on the controversial growth areas tax.

After major opposition from community groups, farmers and local Labor MPs, Mr Madden reversed the $95,000-a-hectare tax on land in Melbourne's new suburbs so that it will now be paid by property developers rather than landowners.

read the full story HERE

AND FROM The Age

Labor tweaks its new land tax
JASON DOWLING

Billions of dollars in new taxes for much-needed public transport, schools and hospitals in Melbourne's growth areas will be paid by those buying land on Melbourne's urban fringe, rather than by existing landholders as first proposed.
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My comment: Glad to see that a polly can change his mind. Well done Justin!