RESIDENTIAL PROPERTY
STAMP duty in Sydney and Melbourne has grown as much as six-fold in the space of a generation, and buyers on a full-time wage will need to save up for...
New research from e61 Institute and PropTrack, REA Group’s property data and analytics business, shows stamp duty on a median-priced home in Sydney is...
According to a McKinnon poll, housing costs have caused one-quarter of Australians under 40 to delay changing jobs, caused one-in-five in their 30s to push back having children...
Adelaide, Perth, and Hobart have also seen increases in the cost of stamp duty. Stamp duty on a median-priced home is 4.4 times higher, relative to income...
“Housing affordability and availability is without a doubt a challenge of our time. Governments and policymakers must consider the unpopularity of stamp duty...
The NSW government last year lifted the purchase price threshold for first-home buyer stamp duty exemptions from $650,000 to $800,000, and...
The former Perrottet government in NSW had proposed for first home buyers to opt for property taxes instead of stamp duty...
Budget papers have shown the NSW government is expecting to earn a sizable $9.5 billion more in transfer duty and $4.9 billion more in land tax revenue than expected...
The ACT is more than halfway through a 20-year plan to phase out stamp duty that began in 2012, at the same time raising council rates...
The REIA has estimated stamp duty reform would see property listings increase between 5% and 40%, varying between jurisdictions, bringing more supply to the market and...
Victoria is making moves to change stamp duty structures in the commercial real estate space. From 1st July this year, the Commercial and Industrial Property Tax will be...
The Commercial and Industrial Property Tax will be set at a single flat rate of 1% of a property’s unimproved land value and exemptions that apply to land tax will also apply.