In recent years land tax has increasingly become a significant burden on land ownership. One of the major refuge provisions that many land holders have availed themselves of over the years are the primary production land exemptions.
Recent decisions have cast doubt as to the scope and availability of those provisions. The purpose of this presentation is to consider some of the 2017 decisions and to compare the approaches of the Victorian and NSW Supreme Courts.
Areas covered include:
* Sale of farming land to developers with deferred settlement
* Land banking
* Meaning of land
* Hobby farming