Tax, Gov fees and contribution for development

[mflying]

http://www.news.com.au/finance/real...50k-per-property/story-fnd91nhy-1226831181270

Good article.

As a L Plate developer, i can defiantly say

GST
LAND Tax
Stamp Duty
council contribution
Infrastructure Fee
Bush fire levy,
Long service levy,
etc

are major cost factor then actual development it self.

 

[Aaron_C]

Well those are the big ones but don't forget the real elephant in the room - BANK INTEREST.