We thank you for the opportunity to provide comment on the exposure draft of Tax Laws Amendment (2009 Measures No. 4) Bill 2009: Consolidation (“the ED”).
The Property Council of Australia is the peak body representing the interests of owners and investors in Australia’s $320bn property investment sector.
This submission relates to one specific issue identified by members in the ED.
We have not formed a view or made any specific comment on the other issues in the consultation.
A further submission may be made regarding our additional thoughts on this issue and other issues within the ED. We are aware that you have a tight timeframe for considering amendments and do not intend that this should delay your timetable.