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And also consider companies don't get the CGT discount, so you will be paying more CGT (if you used a trust you would pay a max of 24%, though probably much less).

Seems like companies are treated the same as individuals in NSW. see http://www.osr.nsw.gov.au/lib/doc/factsheets/ofs_lt02_curr.pdf

I haven't looked into it, but Land tax varies from state to state. I will see what I can find out about NSW.