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    Article: Homes create 11 new property millionaires every 24 hours

    hi everybody. This summarised from the SMH 18-19 Jan. Land tax is a tax on the ownership of land in NSW. It was introduced in 1956. Valuations are done by the Valuer-General on the 1st of July every year and adjustments to the valuations done every three years. As of Jan 1st 2003 land...
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