Mornings With John Mackenzie

John MacKenzie chats with Linda Tuck, Principal of Property Ladder Real Estate, about a rate increase for investment properties announced by Cairns Regional Council. An increase of 15-40% will come into effect during the 2023/2024 financial year for all non-principal place of residence, meaning any property which is not your main home. Linda Tuck spoke about the struggle for "Mum & Dad" investors already doing it tough and how this move will exacerbate the rental crisis in Cairns.