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  1. skater

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

    Just my view. I think that there are a lot of Mum & Dad Investors out there at the moment who are already hurting because they are too negatively geared for their comfort zone. Along comes the Government and imposes Land Tax on top of this (remembering of course that most investors only have...
  2. skater

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

    I have no problem with the new Land Tax as it is applied to everybody unlike the old version which was very hard on people who had a few props. I do have a problem, however, with the Stamp Duty on sale of a prop. The government is always saying they want people to self fund for retirement, and...
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