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Gift 5 articles to anyone you choose each month when you subscribe. NSW will lead the way on tax reform with its plan to make the transition from stamp duty on property purchases to a land tax, as ...
NSW Premier Dominic Perrottet ... land tax rather than an upfront stamp duty payment. A radical overhaul to stamp duty will be included in this month’s state budget.Credit: Peter Rae Cabinet ...
Rather than Perrottet's original grand designs of transitioning New South Wales away from stamp ... The NSW government's policy isn't even a baby step down that road and state Labor's blanket ...
He also called stamp duty an “inherently terrible tax” and “by far the most inefficient tax we have in our state”. NSW Treasurer Matt Kean will hand down the budget next week. Picture ...
NSW residential and commercial property buyers paid a total $9.8 billion in stamp duty after a record 228,000 sales, with stamp duty accounting for 28 per cent of all state tax revenue.
The “most unpopular tax in the nation” has emerged as a contentious NSW election issue ... $650,000 will still have their stamp duty waived. However, the state Coalition believes their ...