"15 per cent tax on property purchases made by foreigners and a doubling of stamp duty that applies to everyone except permanent residents who are first-time buyers"
Fair enough as a sort of tarrif to reduce the impact of foreigners on locals but why should it apply to anyone else that isn't first-time buyers - are we going to get more services for the money? ans no. Current taxes like this are a rip off and should have been removed years ago.
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- rba playing a dangerous game with housing
"15 per cent tax on property purchases made by foreigners and a...
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