Last week the South Australian state government passed the much amended land tax bill. Since announcing the land tax reform in June’s budget, Treasurer Rob Lucas has worked with a number of political factions and special interest bodies through what has been a very public consultation period.
 
With the passing of this legislation, South Australia has moved from the state with the highest land tax marginal rate to presumably a state with a more competitive investing and business environment. But, as always the devil will be in the detail …