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Acey, nobody likes the rules being changed during the game! Super is another thing many people have given up upon because the rules keep changing during the game. If I moved back to Australia I would need to pay 9% of my salary as super, but I dont feel I am getting 9% of value for it, I see it...

No! I will just choose to buy somewhere else! Mind you I think Victoria where my IP's are (also Labor) will also democratize land tax.

Land tax I thought was a tax on the rich and/or rich speculators. Tax the rich on their total land holdings! Luckly that we have a Labor government which has now democratized it....we all have to pay! :mad: Like Nick said, it is not indexed, in 10 years everyone will be paying. Everyone...

Yes $400 per 100K; that is my understanding and reading of the transcript! And if/when you sell they government will put it hand out for another 2.5%!

For first home buyers contracts had to be signed since saturday midnight .Big incentive to break and remake contracts for first home buyers awaiting settlement. I would be really pissed if I had exchanged contracts on a 90 day settlement last month and had to pay $12K stamp duty. From my...