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Thanks Terry. That is some heavy reading for a Sunday night lol. :D It's something we really have to look into though as we would rather keep buying in nsw so if using a company or two is a way around it for us we will consider it.

One each at least then for hubby and wife? :D

Special trusts and non-concessional companies: there is no threshold in 2009 for non-concessional companies and special trusts. These entities will be taxed at the flat rate of 1.6% on the total value of all the taxable land owned. That is what i was thinking regarding there be no threshold...

I think it might have been 10 years ago when they scrapped the threshold all together. So effectively can you just keep registering pty ltd companies and keep getting a new threshold?

Are you sure about that? My understanding is companies and trusts get no threshold in nsw. Edit: Just checked on the website, right you are! I remember at one stage though they did scrap the threshold for companies?