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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 ...
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 ...
It comes as, in the NSW state budget, first home buyers will be given the option of paying an annual land tax rather than the stamp duty tax. “This is a big development in terms of tax reform in ...
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 ...
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 ...
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