Forums / Property Investing / General Property / New Property Sales Tax

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  • Profile photo of wealth4life.comwealth4life.com
    Member
    @wealth4life.com
    Join Date: 2003
    Post Count: 1,258

    Hello all FYI

    There is a new property sales tax for all sales over $500k.

    This is applicable to "options" as well

    Rudd just keeps hitting the middle class.

    The 40% mining tax will also be applicable to any products out of the ground IE: building products so costs will increase.

    Robert Kiyosaki is right … he appears to be the only one on the money at the moment … financial literacy.

    D

    Profile photo of Matt007Matt007
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    @matt007
    Join Date: 2008
    Post Count: 259

    Got a link to any info on this one?
    Can't wait to get rid of Rudd and Gillard. The pair of them are just left of Chairman Mao..

    Profile photo of Nigel KibelNigel Kibel
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    @nigel-kibel
    Join Date: 2005
    Post Count: 1,425

    Could not agree more this is the worst government in a generation

    Nigel Kibel | Property Know How
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    We have just launched a new website join our membership today

    Profile photo of wealth4life.comwealth4life.com
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    @wealth4life.com
    Join Date: 2003
    Post Count: 1,258

    Sorry Matt I got it from a Domain newsletter then I accidentally deleted it and cleaned my outbox ?#@? – no doubt it will be on the news tonight,

    Where is Robin Hood when we need him …

    D

    Profile photo of Matt007Matt007
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    @matt007
    Join Date: 2008
    Post Count: 259

    No problems.. was worth a go!

    Profile photo of lifeXlifeX
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    @lifex
    Join Date: 2004
    Post Count: 651

    Is this the tax you are referring to W4L?

    http://watoday.domain.com.au/real-estate-news/property-buyers-hit-with-new-sales-tax-20100514-v3p2.html

    It is a NSW State tax according to article.

    Profile photo of DWolfeDWolfe
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    @dwolfe
    Join Date: 2009
    Post Count: 1,253

    Well that's 3 people who'll vote against them. Matt007 sadly it is soooo true.

    Can't run a bath, imagine if they were in business! Lucky they are only running the country…shudder.

    Such a sneaking, insidious Govt. Goodbye Captain Bringdown and the Freedom of Information Fighters on your team. Everyone can see him for what he is now. A liar and a sneak.

    This was the same tax they ran through at the same time as the budget right?

    D

    DWolfe | www.homestagers.com.au
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    Profile photo of thecrestthecrest
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    @thecrest
    Join Date: 2004
    Post Count: 989

    It's not getting easier. Govt's don't take long to transform from saviors to predators.
    The questions as always –

    Who would do a better job ?
    And for how long ?

    Cheers
    thecrest

    thecrest | Tony Neale - Statewide Motel Brokers
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    selling motels in NSW

    Profile photo of DWolfeDWolfe
    Participant
    @dwolfe
    Join Date: 2009
    Post Count: 1,253

    Yeah, KRUDD's problem is that he actually tried to implement a lot of his election promises. They were all flops.

    Personally I never thought he was a savior i just thought he was a BS artist. He was here for working families, but he has plenty of money.

    Bye, bye KRUDD. He will be decimated in WA. And if we get lucky in the other states too.

    D

    DWolfe | www.homestagers.com.au
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    Profile photo of thecrestthecrest
    Participant
    @thecrest
    Join Date: 2004
    Post Count: 989

    How do we get a statesman who is a PATRIOT  –  fully dedicated to our country and Australians, who will put the short term and long term welfare of the nation ahead of his personal political future  ?
    How can politicians demand total Patriotism from service personnel without giving the same themselves ? 

    Showing my naivety and idealism here, like expecting loyalty from a snake.
     Usually i sign off with cheers but  on this one . . . .
    jeers
    thecrest

    thecrest | Tony Neale - Statewide Motel Brokers
    http://www.statewidemotelbrokers.com.au
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    selling motels in NSW

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