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Showing 21 - 30 of 73 results for "Stamp duty"

OPINION: Super for housing was the wrong policy fight

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
... $41 million was released as part of the scheme to 3337 fund members. There are Sydney neighborhoods that paid more in stamp duty. If ever there was a scheme that would help Australians get into the property market to buy their own home and so better ...

MetLife announces suite of product changes

ELIZABETH MCARTHUR  |  MONDAY, 29 MAR 2021
... customer-requested increases, age-based increases, a reduction in specific discounts and any change to tax or government stamp duty change. Retail policies will now also include MetLife's 360Health offering - a tool designed to offer wellness solutions ...

Land tax favourable over stamp duty: Survey

ELIZA BAVIN  |  MONDAY, 30 NOV 2020
An annual land tax is a preferable replacement for stamp duty, according to a survey by Finder. Of the 40 experts and economists surveyed by Finder found nine in 10 were in favour of the proposed ditching of stamp duty. In November, the NSW state government ...

Home ownership shouldn't be at expense of super

ELIZA BAVIN  |  FRIDAY, 27 NOV 2020
... availability housing." Cooper said one of the main barriers that block young people from entering the housing market is stamp duty tax, which he noted was not intended to be a long-term issue. "The current discussion around reforming stamp duty which ...

Reverse mortgages used to extinguish debt

KARREN VERGARA  |  THURSDAY, 26 NOV 2020
... still lived in the same house for the last 15 years. Many of them said barriers to moving homes include the cost of stamp duty and removal expenses, coupled with poor health. "As a means to release equity downsizing does not appear to be a preferred ...

Chief economist update: UK plans for jobs

BENJAMIN ONG  |  THURSDAY, 9 JUL 2020
... also be cut from 20% to 5%." "...we're introducing a temporary increase to the Nil Rate Band of Residential SDLT (Stamp Duty) from £125,000 to £500,000 until 31 March 2021." This would go a long way towards supporting the labour market and the ...

Land tax, not stamp duty: Report

JAMIE WILLIAMSON  |  FRIDAY, 3 JUL 2020
A draft report into reforming GST and reducing inefficient taxes has reignited calls for the scrapping of stamp duty when buying or selling a home, to be replaced by a broad-based land tax. The NSW Review of Federal Financial Relations draft report ...

Collapse of REITs spells opportunity: SG Hiscock

ALLY SELBY  |  THURSDAY, 28 MAY 2020
... "Investors should be seeing this as an opportunity to increase exposure to real estate in a cost efficient manner (no stamp duty), at a prevailing discount to direct property and in cases below replacement costs," he said. The boutique manager is cautious ...

ATO issue SMSF scam warning

ELIZABETH MCARTHUR  |  TUESDAY, 10 DEC 2019
... on the same day. The ATO said those people used the money to fund personal expenses including home renovations and stamp duty. The woman was fined $220,000 and banned from establishing SMSFs for seven years. "Schemes like this cause considerable financial ...

Merger costs may impact short-term returns: ASI

KANIKA SOOD  |  WEDNESDAY, 4 SEP 2019
... things to be considered, but there are not too many transaction costs to add to that," PwC partner David Coogan said. Stamp duty on property assets Combining property assets of two merging super funds may prove hard and the treatment varies from state ...