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Franchise calls for broad tax to replace stamp duty

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Australian Broker | 30 May 2014, 08:00 AM Agree 0
A major mortgage franchise is recommending state governments lower stamp duty and instead put in place a broad property tax on all residences
  • dpathle | 30 May 2014, 09:59 AM Agree 0
    Just remember that these comments come from a man that lives in a property paid for by his trust that already pays property tax. Ideally for him, this would drop the tax on his trust each year as he wants it spread out to all property owners.
  • Peter | 30 May 2014, 04:21 PM Agree 0
    Introduction of GST was to amongst other things, replace a "hotch potch" of state government charges which included stamp duty. We still have a hotch potch of charges (and new ones) plus GST. Here another tax is now being encouraged.
  • Positive Broker | 31 May 2014, 11:01 AM Agree 0
    Fair comment dpathle, but as usual John is putting some valid ideas out there for discussion and you can't blame him for that. At the end of the day Aussie is a major player and they are prepared to contribute to the debate. p.s. I'm not an Aussie broker.
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