Scrap car park tax turn attention to job creation

Home Media Releases Scrap car park tax turn attention to job creation

Scrap car park tax, turn attention to job creationThe Property Council of Australia and the State Coalition to Repeal the Parking Tax is renewing calls for the CBD car park tax to be scrapped and focus to turn to job creation and economic growth. “Since December 2012, the Property Council and State Coalition to Repeal the Parking Tax have campaigned against the introduction of this tax,” said SA Executive Director of the Property Council Daniel Gannon. “We’ve made no secret of our belief that a car park tax will damage CBD vibrancy and our state’s economic growth. “The Property Council has also made it clear in the past that the proposed car park tax would put downward pressure on CBD property values and make business in the CBD less competitive against its suburban counterparts. “Right now, CBD business owners need to be encouraged to create jobs and grow our state’s economy, not discouraged. “On one hand the State Government is taking very positive steps to stimulate the property and construction industry and make the CBD a more vibrant place to live and work. “In fact, the State Government must be congratulated for its ongoing activation and revitalisation of Adelaide’s CBD – this season’s attendance numbers at Adelaide Oval demonstrates this point. “However, on the other hand, the car park tax will only serve to stymie investment in the CBD and would be a step in the wrong direction. “All South Australians recognise that our state’s economic cycle is experiencing a downturn, and we’re trying to stimulate investment to create jobs and grow the economy. “But a CBD car park tax isn’t the way to do it, and pushing up the price of parking in the city simply runs counter to the State Government’s worthy ambition to make the city a more vibrant place. “The property industry and broader business sector is very much looking forward to the car park tax being scrapped as soon as possible to ensure our attention turns to job creation and growing our state’s economy.”