Over the weekend the Andrews Government announced a tax on foreign investment in Victorian real estate. This includes a 3% Stamp Duty surcharge and a 0.5% Land Tax premium for absentee owners. On top of the $5,000 foreign investment fee…
The South Australian government is undertaking a tax review to boost state competitiveness and economic efficiency. Their main focus is considering abolishing conveyencing Stamp Duty and funding this by removing exemptions from the existing State Land Tax. Prosper Australia has…
by Alex Sachez Australians love their property. Whether it be their own place of residence or whether it be their nest egg investment place, Australians love to buy and accumulate property. You don’t have to look too far to see…
[et_pb_section admin_label=”section”] [et_pb_row admin_label=”row”] [et_pb_column type=”4_4″][et_pb_text admin_label=”Text”] Having trouble reading this newsletter? View it online. The enews of Prosper & Earthsharing Australia MARCH 2015 Fre Sonneveld We are moving! Prosper is excited to inform our Evolving Economics readers that we…
In the second leaders debate of the NSW election campaign televised tonight, ALP opposition leader Luke Foley proposed buyers be allowed to defer Stamp Duty, allegedly to ‘help improve housing affordability’. This idea must be condemned. Either Mr Foley is…
Have u signed up to our Evolving Economics Enews yet? Subscribe here. If you are already a subscriber and noticed some of the links were missing in ‘The Private Earth’ section, they’ve been fixed below so you can connect to the interview with…
Yesterday, Cameron Kusher of CoreLogic RP Data called for the removal of conveyancing Stamp Duty and its replacement with a universal land tax. His comments come just ahead of the release of the federal government tax reform white paper. He…
The new Andrews Government provides a fresh opportunity for reviewing the role of state revenues. The current property bubble has provided a windfall in Stamp Duty revenues allowing for considered reform. The hot topics the State government must address to…
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…
The transcript from John Freebairn’s presentation at the 123rd annual Henry George Commemorative dinner. John Freebairn: Thank you Andy and Karl, ladies and gentlemen. So what I want to do today, tonight I guess, is make the argument why…