Land is one of the most valuable assets in Australia and the way it is valued impacts the taxes everyday citizens pay, and the locations valuable public resources like schools and hospitals are placed.
Attaching a value to land that is fair and equitable has presented a key challenge to local and state governments and getting this exercise wrong creates inequities for everyday Australians.
To make this process fairer for citizens and to decrease the burden for governments, Professor Alicia Rambaldi is building new economic models to tackle this challenge.
“By partnering with government on this project we hope to develop a comprehensive robust and user-friendly set of modelling tools.”
- Professor Alicia Rambaldi
Read the full article in Momentum Magazine
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