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Why am I shouldering your tax liabilities?

Why am I shouldering your tax liabilities?

South Australia is reforming Land Tax laws so holders are assessed on their aggregate land holdings by looking through corporate structures some have created to minimise their liabilities. The SA reforms mirror and are based on existing laws in Victoria and NSW.  This...

New Stonnington parks to enforce land scarcity

Chris Vedelago at The Age has exposed a fascinating land-play by Stonnington Council, enforcing scarcity and lifting land prices in the most valuable residential municipality in Melbourne by adding to insatiable demand with its own house-buying to demolish and make...

It’s Raine-ing elderly property investors

  Angus Raine of RE agents Raine & Horne burst into song about property taxes in a letter on page 55 of the Australian Financial Review today – and what a nice cartoon, Clement! Angus wants Stamp Duty tax breaks for empty nesters – people trapped in...

Hallelujah! The tax reform pathway becomes clear

An Australian political party has boldly stepped forward with a proposal to reform taxes to make housing affordable and end the destruction of tens of billions of dollars of taxpayers money in deadweight losses each and every year: that party is the Australian Labor...

Cost-Shifting Stamp Duty – Onto You

    The Housing Industry Association – the builder’s’ lobby group – today called for changes to allegedly improve home affordability in a media release The Real Cost of Stamp Duty, saying it added three per cent to the cost of buying property....

Poor, Poor Pitiful Me

  Victoria’s Taxi Services Commission has ordered 24 wheelchair taxi operators to pay their outstanding license fees or hand back their plates next Monday. The operators claim they have racked up impossible debts and are taking the TSC to the Victorian...

WA Treasurer plays the TINA card on Stamp Duty

West Australian Treasurer Mike Nahan has acknowledged Stamp Duty is “dumb” but has no interest in changing it, claiming There Is No Alternative. ABC WA reports: In a speech to an economics forum in Perth on Tuesday, Dr Nahan said the state had come to rely...

The Sovereign State of Pigovia

Prime Minister Tony Abbott and his government do not believe in climate change.  They are working as fast as the allegedly recalcitrant Senate will allow to erase all the measures Rudd and Gillard introduced to shift Australia to a low-carbon future. If they merely...