ASX 0.57% $65.02 asx limited

property 20 years lockout, page-17

  1. 7,809 Posts.
    I was speaking to a guy from the ATO on the weekend and he said there is likely to be some amendments to the current tax laws dealing with property ( my interpretation was after the next election) .

    Negative gearing is the obvious one . Both parties are seeking ways to keep housing in reach of first home buyers . The investor is going to get less tax deduction in his opinon, either by quarantine of deduction or total removal of some or all deductions .

    State land tax has the potential for large rise also and thus reduce the attractiveness to the investor market .
    Possiblity that Land Tax will be taken over by Federal government departments .
 
watchlist Created with Sketch. Add ASX (ASX) to my watchlist
(20min delay)
Last
$65.02
Change
0.370(0.57%)
Mkt cap ! $12.61B
Open High Low Value Volume
$65.13 $65.54 $64.73 $8.870M 135.9K

Buyers (Bids)

No. Vol. Price($)
3 64 $65.00
 

Sellers (Offers)

Price($) Vol. No.
$65.04 75 4
View Market Depth
Last trade - 14.50pm 12/08/2024 (20 minute delay) ?
ASX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.