07.10.2008 - Property crash began last January, Treasury figures reveal
From News.com.au: Secret Treasury figures showing a crash in property tax revenues as far back as January have revealed the State Government has misled the public by claiming its Budget crisis had only just been exposed. The Treasury revenue figures for the start of the 2008-2009 financial year reveal property tax revenues have so far slumped a disastrous 37 per cent, based on the first eight months of the calendar year..... Full Article: Source