Perrottet’s flagship land tax to go as Minns introduces stamp duty reform

Perrottet’s flagship land tax to go as Minns introduces stamp duty reform

The new scheme will mean stamp duty exemptions for first home buyers will be lifted from $650,000 to $800,000 and stamp duty concessions from $800,000 to $1 million.

  • byMichael McGowan

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Stamp duty on housing unfairly punishes the young and economists argue it must go

Stamp duty on housing unfairly punishes the young and economists argue it must go

The Grattan Institute is leading a charge by a dozen economists who say Victoria’s heavy reliance on stamp duty costs the economy up to $5 billion a year.

  • bySumeyya Ilanbey
Billionaire Perich family wins again as judge cancels $27 million stamp duty bill

Billionaire Perich family wins again as judge cancels $27 million stamp duty bill

The dairy farming family that scored a $30 million windfall from the sale of the so-called Leppington Triangle secured a big victory against Revenue NSW in the Supreme Court.

  • byMichael Koziol
‘Ready for the fight’:Coalition seeks to block repeal of Perrottet’s signature stamp duty reform

‘Ready for the fight’:Coalition seeks to block repeal of Perrottet’s signature stamp duty reform

Chris Minns’ minority government will face its first legislative test,with the opposition leader Mark Speakman pledging to fight to block the repeal of the First Home Buyer’s Choice bill.

  • byMichael McGowan
‘It’s so obvious’:How to fix Perth’s housing hell

‘It’s so obvious’:How to fix Perth’s housing hell

A Perth property expert has called for action to ease WA’s worst ever housing supply crisis,to attract construction workers to the state and to slow urban sprawl.

  • bySarah Brookes
First home buyers have three months until they face a $66,000 budget cut

First home buyers have three months until they face a $66,000 budget cut

For anyone hoping to buy their first home in NSW and take advantage of generous government assistance,timing will be everything.

  • byTawar Razaghi andKate Burke
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Time for some big bang tax reform,and yes,that includes negative gearing
Opinion
Tax reform

Time for some big bang tax reform,and yes,that includes negative gearing

Increasing the GST,axing negative gearing,a carbon price and land taxes? Unless we reform the system,Australia won’t be able to pay for the essentials.

  • byDanielle Wood
‘Lining the pockets of developers’:Push to ditch first home buyers grant and stamp duty

‘Lining the pockets of developers’:Push to ditch first home buyers grant and stamp duty

Infrastructure Victoria warns the grant is not helping buyers and is making more people move to greenfield suburbs,contrary to the state government’s growth policy.

  • byCara Waters
Perrottet’s election push to expand stamp duty reform
Exclusive
NSW Votes

Perrottet’s election push to expand stamp duty reform

Premier Dominic Perrottet wants to significantly expand his stamp duty reforms as part of his long-touted plan to ultimately abolish the tax.

  • byAlexandra Smith
Stamp duty inquiry to weigh up Victoria’s ‘worst tax’

Stamp duty inquiry to weigh up Victoria’s ‘worst tax’

An upper house inquiry will probe stamp duty’s impact on housing affordability and the budget bottom line.

  • byBroede Carmody
The surprising Sydney property buyers driving competition up

The surprising Sydney property buyers driving competition up

Most home buyers’ budgets have been hampered after nine rate rises,but there is one group of buyers that have seen a boost to their spending power at auctions.

  • byTawar Razaghi