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MacroBusiness Access Subscriber Only Content at 11:00 am on April 20, 2021 | 8 comments The New South Wales Government last year announced gutsy reforms to the state’s tax system, which will offer owner-occupiers an alternative to paying stamp duty via a fixed $500 up-front fee plus an annual 0.3% tax on the property’s unimproved land value. Under the proposed reforms, the average buyer of a Sydney house would be given the choice to either pay a $51,000 lump sum (the current stamp duty requirement) or about $2,000 per year. But once the property is subject to the annual tax, all future owners of that property would also be required to continue paying it.

New zealandSusan franksDominic perrottetKing wood mallesonsVictoria universitySouth wales treasurer dominic perrottetAustralian treasuryNew south wales governmentWood mallesonsAccountants australiaபுதியது ஜீலாந்துசூசன் பிராங்குகள்கிங் மரம் மல்லேசோன்ஸ்விக்டோரியா பல்கலைக்கழகம்ஆஸ்திரேலிய கருவூலம்புதியது தெற்கு வேல்ஸ் அரசு