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  1. jahn

    Government to introduce 2.25% Levy on Sale of Investment ppty's

    Hi see change I work in a retail organisation. If an operator gains or loses $10 or more from their register, they have to be spoken to in the office, and warned about further mistakes. If they are out by anything as outrageous as $100, there is almost uproar, and a national inquiry. If I...
  2. jahn

    Government to introduce 2.25% Levy on Sale of Investment ppty's

    Hi Acey Agree with your sentiment re the number of investors in NSW and the 'swing' figure for elections, but I'm not sure if the figure is totally correct in the first place, I was only re-quoting from a previous poster. I do believe there will be a reaction from the landlords and the 'holiday...
  3. jahn

    Government to introduce 2.25% Levy on Sale of Investment ppty's

    Hi Peter 147 Sorry, but must disagree with you. The first part of this sentance. "Carr is very smart and has changed the game BIG TIME" Changing the rules mid stream is not smart. Alienating 12 % of the population is not smart (even though he is obviously playing the numbers game). As...
  4. jahn

    Government to introduce 2.25% Levy on Sale of Investment ppty's

    Thanks AL. I guess it's no surprise that they have come up with another way to extract taxes, but what I can't believe is that someone who represents the people of the state of NSW can make this statement; "Mr Egan said an overheated property market was not good for the economy, the...
  5. jahn

    Government to introduce 2.25% Levy on Sale of Investment ppty's

    Hi Just for clarification, does this mean that any IP in NSW will now have an annual land tax of 0.4% - $100k land value = $400 tax ? Is this some devious plot of the Gov to get investors to buy some of the oversuplied units instead of house & land packages. (if this was in conjunction with...
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