Search results

ACT land isn't subject to rates as its not owned it is leased. There is no local government in the ACT. Land tax is a utility charge in the ACT and equates to council rates.

I doubt if home taxes limit unemployed people seeking work. Where there is work a void will be filled. In time ! Dropping entry taxes could create a problem if renters jumped into property as a rental alternative in regional areas to find the employer later close up...ie SPC Shepparton...

I wouldn't assume Commonwealth Treasury will support this without loss of the CGT discount AND CGT on homes. People could then flip away and the property market would become a casino. Entry / exist taxes act to curb gearing risks and rapid flipping activities. Stamp duty is the incentive NOT...

NSW announced the end to many duties long ago. They just didn't materialise.