Heard a rumour from Canberra that the ALP is considering...

Heard a rumour from Canberra that the ALP is considering introducing Death Duties.

I am not at all surprised. Following the next election they will have such a large majority they will probably get this in and still get a second term. The Libs probably wont object and are not in a position to criticise after their raid on super. They may well support it.

Most other countries have Death Duties so this won't be a hard sell as another "fairness measure". I expect it will initially target high value estates but come down over time. All those expensive homes in Sydney and Melbourne will net the government a fortune.

Bacci