A change to GST in the Budget will mean homebuyers will soon have to send the Australian Taxation Office a cheque for GST on new dwellings.
News
Major banks hit with new Budget levy
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10 May 2017
Australia’s big banks have been hit with a bank levy in today’s Federal Budget that will raise $6.2 billion over four years.
House prices forecast to drop by up to 7%
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05 May 2017
Analysts from Citi have forecast house prices to fall by up to 7 per cent by 2018 amid lending crackdowns and lowering household debt.
The State Government has handed down their Budget for 2017
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03 May 2017
The Victorian State Government released its Budget this week and as expected they have introduced a tax for properties left unoccupied for six months or more.
Should property owners be able to choose between stamp duty and land tax?
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28 April 2017
Multinational firm PricewaterhouseCoopers says letting property purchasers to decide whether to pay stamp duties upfront or land tax in smaller instalments could help with housing affordability and mobility.
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