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Lockdown over but plan to revitalise Melbourne urgently needed
The Property Council of Australia has welcomed today’s announcement by Premier Daniel Andrews that the current lockdown, Melbourne’s fifth, will be lifted at midnight.
The Victorian Executive Director of the Property Council Danni Hunter said the end of the latest lockdown would give the city an opportunity to resume its recovery and build towards a post-pandemic future.
“Victorians should be proud to see the latest outbreak come under control, but the ultimate task is now up to all of us to roll up our sleeves. Vaccination is the only pathway out of this pandemic and the only pathway to full economic recovery for our state,” she said.
Ahead of this week’s state budget, the Victorian government has flagged several new tax measures targeting property investors in a move said to shore up the state’s revenue while also leaving the door open to possible negative gearing changes.