The Crest of the Commonwealth of Australia Treasury Portfolio Ministers
Picture of Peter Costello

Peter Costello

Treasurer

11 March 1996 - 3 December 2007

Media Release of 22/06/2000
Press Release - Econtech Report into Boarding Houses [22/06/2000]

NO.054

ECONTECH REPORT INTO BOARDING HOUSES

The Department of Family and Community Services commissioned the economic modellers Econtech to analyse the effects of tax reform on boarding houses.

The Report shows that expected average price increases will be more than compensated by increases in pensions and rent assistance.

In the short-term both input taxing and the concessional rate approaches give nearly identical price change results, respectively 3.6% and 4%.

In the long-term, the concessional rate approach becomes significantly more attractive than input taxing, with respective price changes at 1.5% and 3.1%.

In the Report, Econtech makes it clear that short-term refers to first year (2000/01) effects.

Download Econtech Report PDF 77kb RTF 524KB

CANBERRA
20 June 2000

Contact: David Alexander
Tax Reform Legislative Unit
(02) 6277 6390