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Yes....................

You also need to consider all the other consequences to a company owning property - no 50% CGT discount, income tax, dividends, succession, control etc etc.

http://www.austlii.edu.au/au/legis/nsw/consol_act/ltma1956173/s29.html Actually it could be possible for one company controlled by wife and one controlled by husband to not be related and therefore get an exemption each - under some circumstances.

No, because of s29 LTMA.

No you can't because related companies can be aggregated together.

Never heard of that before. A company is classed as a 'person' under the land tax management act and persons get the threshold.

NSW increases each year. QLD seems to stay the same...

Yes that is correct. But check with your lawyer or tax agent as separate companies can be lumped together as one owner under certain circumstances. And there are different rules if the company is acting as trustee

Mrs Smith could buy in her name with both Mr and Mrs on the loan if serviceability is an issue? Other options 1. company 2. SMSF

If land values go up and exceed thresholds then you will pay land tax. in QLD same with trusts. Watch out in QLD as beneficiaries can be liable if the trustee doesn't pay.

Nope. all properties owned get aggregated together. Main residence is generally exempt.