He also said that despite the downturn, he believed investors were returning to Canberra property market after the federal election, given the Commonwealth would not be pursuing Labor campaign proposals to change negative gearing and capital gains tax. But Mr Barr, who characterised the budget as centred on infrastructure spending, said a new 10 year plan for infrastructure would not be released until later this year, with little prioritised for 2019 20. He said while he would work with his federal colleagues to deliver more services and infrastructure, the territory could not afford to wait for the Commonwealth to deliver.
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