Stamp duty is theft in the first instance.
Hypothetically, if I bought one of your many properties, why on earth should the govt get a clip?
Nothing new has been created. All that changes is the name on the title.
It is a shakedown! What a scam!
Every time a govt comes out and says they want to help with "housing affordibility", their policies just increase prices any way. Maybe they should do nothing instead. But I guess that won't be popular to the people and entities that donate to the parties
Meanwhile everyone is Melbourne is stuck in Week 7 of a 7-day lockdown because this govt neglected the healthcare system. Jeez, why can't the $500m earmarked for this trough be re-directed to improving our health system's capacity and capability.
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