Land: ensuring integrity also extends to the taxation of land. The bill proposes amendments in relation to investment property and speculators to improve the efficient use of land and ensure that current tax settings are fair, balanced, and support productive investment. Currently, there are exemptions from land sales tax rules for taxpayers who sell their home or business premises. These exemptions are not meant to apply to people with a regular pattern of buying and selling their home or business premises, but the current regular pattern restrictions are now too narrow, resulting in some habitual buyers and sellers structuring their way around these restrictions to escape their tax liabilities. The bill proposes extending the regular pattern restriction rules. To prevent any unintended overreach, the rules will also be amended so they only apply to land acquired with the purpose or intention of disposal. The proposals also clarify that the cost of purchasing and improving taxable land are deductible, even if it was not clear, when the costs were incurred, that the sale of the land would be taxable. The policy is that these costs should be deductible in full when taxable land is sold.