The Queensland government has shelved changes to land tax after the premier met with interstate leaders — but Treasurer Cameron Dick has continued to defend the policy.
The proposed changes, which were slated to come into effect next year, would have meant some people with properties in Queensland and interstate would have paid more tax on their land.
The amendments to the tax had already been legislated, which means they will now be deferred in Parliament.
The decision comes after opposition from other state and territory governments and the Real Estate Institute of Queensland (REIQ), which labelled the plan "illogical".
Earlier this week, NSW Premier Dominic Perrottet said his government would refuse to supply data to Queensland to help implement the tax.
Premier Annastacia Palaszczuk denied the move was a backdown on her government's land tax policy.
She said the decision came after she spoke to state and territory leaders on Thursday night.
"Contrary to what the public report Dominique [Perrottet] and I get along quite well," Ms Palaszczuk said.
"But it does require the goodwill of other states and if we can't get that additional information then I'll put that aside."
Treasurer defends land tax policy
Mr Dick has stood firm on his support for the policy after weeks of campaigning.
He said data needed for the policy could have been obtained through the titles office.
In a statement, his department said he stood by the tax.
"The treasurer stands by everything he's said about land tax, but of course he accepts the decision the premier has made after talking to other leaders," a department spokesperson said.
Earlier this month, the REIQ criticised Mr Dick's policy, claiming it would deliver a "king hit" to investor confidence in Queensland and would "send commercial rents through the roof".
Land tax is paid by owners on land valued over $600,000 with exemptions for principal place of residence.
