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Stamp duty discounts were introduced by the Victorian government last year to help stimulate the property market.
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Stamp duty discounts were introduced by the Victorian government last year to help stimulate the property market.
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First home buyers in NSW would be eligible for $25,000 grants under a new plan to help them get onto the property ladder.
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The last time stamp duty and home renovations drove economic growth to a similar extent to now was in June 2002.
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A premium stamp duty will also be introduced, with property transactions above $2 million attracting a $110,000 duty plus 6.5 per cent of the dutiable value in …
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Legal and accounting professionals have criticised the NSW government’s strategy to replace stamp duty with an annual land tax.
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Accounting bodies are concerned about the need to juggle three taxes concurrently: stamp duty, land tax and property tax.
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The RBA governor has doubled down on his support to remove stamp duty following budget announcements by NSW and Victoria relating to the tax.
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The Andrews government is pouring $6 billion into housing initiatives and planning changes it hopes will help more Victorians into secure homes.
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The New South Wales government wants to make stamp duty optional in a major reform to stimulate the economy after the Covid-19 recession.
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Stamp duty may become the latest casualty of the COVID-19 crisis, as state governments reevaluate the golden goose of taxation.
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New-home buyers could be given a $50,000 handout under a proposal by the Property Council of Australia.
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Buyers of freshly built homes would get a $50,000 cheque from the Morrison government under a $2.5 billion plan from the Property Council to kickstart the econo…
Join Steve Douglas as he discusses:
Join Steve Douglas, Executive Chair and Julie Kelley, Sales & Marketing Manager as they answer your burning questions during the 'Australian Residency and Tax Changes & Implications To Expats' webinar.
You can also book a FREE 20 minute tax consult by emailing smats@smat…
Hidden away in the back of the Australian Budget and unmentioned in the Treasurers speech, was a simple statement confirming that:
“The Government will replace the individual tax residency rules with a new framework that is easy to understand, provides certainty and reduces compl…
We trust this seminar gives you a clearer understanding of the Australian Budget Announcements including:
• How Covid19 has impacted the Australian Government’s federal finances
• Measures the Government intends to undertake to reinvigorate the Australian economy
• Latest taxatio…
Australian property prices look to be on a rocketing path, with first home buyers, low-interest rates and FOMO (fear of missing out) fueling the demand for the start of 2021.
However, with stimulus packages coming to an end, and international borders remaining closed, can this ex…
For anyone considering Australia as a future place of residence planning your taxation affairs is a critical element of the migration process.
The Australian taxation system is extremely complex and taxes residents worldwide income.
Thankfully, legal and sensible tax …
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