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1.66 The ERC also recommended that we keep other
components of business costs as low as possible.
This the Government is doing, as I explained earlier.
Besides wages, land, utilities and infrastructure
services should all be competitively priced.
1.67 Several concessions which were introduced
as part of the Off-Budget measures in 2001 were
subsequently extended and are still in effect.
They include the property tax rebate, rental rebates,
and the reduction of the diesel tax on taxis and
of petrol excise duties. These four measures are
scheduled to expire on 30 June 2003. I have reviewed
them and will extend or modify them as follows:
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