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Property tax

This Month

Allegra Spender proposed raising $29 billion in revenue by curtailing the CGT discount, negative gearing, income splitting through trusts and tax-free superannuation earnings in retirement.

CGT change could raise $9b – but with a catch for existing investors

The government could raise enough from trimming the tax break on capital gains for investment properties and shares to provide an about $600 a year tax cut for workers.

Greg Norman at the F1 Grand Prix in Melbourne last weekend.

Greg Norman struggles to go incognito in Byron Bay

The former golf champion seemingly can’t stay off radars long enough to buy a property.

February

This is why the Treasurer can say with a straight face that inflation is demand-driven, because Federal and State governments are pouring debt petrol on a demand bonfire.

Rents will surge if CGT discount goes, warns REIA

Ahead of a Senate inquiry into the capital gains tax discount on investment properties, the residential real estate industry warns against change.

The tax outcome depends on how your mother or father used the home, when they acquired it, and when you sell it.

I’m inheriting the family holiday home. Will I have to pay tax?

Inheriting a property is rarely as simple as a title transfer. The tax treatment depends heavily on the usage history and the timing of the sale.

Unprecedented warning: Taxpayers may need to bail out broke states

The International Monetary Fund issued a rare warning as it called on Treasurer Jim Chalmers to press the states to rein in spending and overhaul property taxes.

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Land behaves differently. Land values rise largely because of what happens around it.

Not all capital gains are equal. So tax housing windfalls harder

When one asset class systematically generates passive, location-driven profits, taxing it more heavily than productive capital is economically defensible.

December 2025

Premier Jacinta Allan made the announcement at an SRL construction site in Heatherton on Thursday.

Developers to be taxed $34k for each new home near Melbourne rail loop

Jacinta Allan has unveiled new levies on dwellings in the transport precinct to help pay for the $34.5 billion first stage of the mega infrastructure project.

Three-storey apartments and townhouses would be allowed on any residential block in all capital cities under a radical plan to deliver millions of new homes.

Reduced CGT discount could be confined to housing: Greens, economists

The Greens support paring back the capital gains tax discount for housing – and some senior economists agree there is a case for making changes.

November 2025

Greater Sydney: Residential land in the NSW capital rose 4.7 per cent in the year to June.

Sydney land values have jumped. Here’s how your suburb ranked

A year of “modest” increases goes into the mix for council rates and land tax calculations. But the devil is always in the detail for landowners.

James and Susan Hoskins were caught in a land tax rule, unique to NSW, that cost them over $50,000 in land tax on their family home.

‘Harsh’ tax rule meant for foreigners snares Australian citizens

One Australian family was forced to empty their savings to pay a $52,000 bill after spending time out of the country to care for a dying relative.

October 2025

Taxes paid by foreign purchases of property in Australia are holding back billions of dollars in investment, according to the Property Council.

Taxes on foreign property buyers choking off $8b in investment: report

The Property Council estimates that scrapping state land tax surcharges could unlock billions of dollars in investment over five years, mostly in Victoria.

September 2025

The hidden $50b tax break that could help solve the housing crisis

The tax-free family home is the “elephant in the room” when it comes to reform.

July 2025

Hit capital gains and trusts to cut income tax, experts tell Chalmers

Economists at a roundtable at Parliament have urged the government to reduce its dependence on wage taxes and rebalance the system to help younger people.

June 2025

Queensland Treasurer David Janetzki.

Qld’s property tax change offers foreign investor relief

Ahead of the first LNP state budget in more than a decade, Queensland says it will make it easier for overseas investors to bypass foreign land tax surcharges.

In his National Press Club address, Dr Chalmers invoked the Hawke, Keating and Howard eras - leaders who understood the value of economic dynamism.

Chalmers’ super tax will send productivity backwards

Taxing unrealised gains in superannuation will not deliver the Hawke-Keating style reform that is desperately needed.

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May 2025

The property tax surcharge creating an opportunity for local investors

Two states, Victoria and Queensland, levy an extra tax on offshore buyers that is pushing them out of a key asset class, to the benefit of locals.

The share of Victoria’s tax take from the real estate industry is rising.

Almost half Victoria’s tax take comes from property

The rise to 47 per cent of a total tax take is a distorting feature in a sector that is crucial to the state’s overall economy.

April 2025

Australia can only hope to build 600,000-650,000 homes over the next five years: developer Nigel Satterley with (from left) the Financial Review’s Michael Bleby, Master Builders Australia’s Denita Wawn and Cedar Woods’ Nathan Blackburne.

New home ownership won’t rise without more skilled workers: developers

Signature housing policies both major parties announce will kick off a wider chain reaction if they are properly implemented.

March 2025

NEX Building Group says it has not been able to get a rezoning for 8 years on this 150-lot site at 91B Bells Lane at Badagarang, near Cambewarra on the NSW south coast. 

Largest builder in NSW seeks land-banking clarity

Newcastle-based NEX Building Group is concerned about a ‘sting in the tail’ of this week’s budget announcement.

AirBnB operators in Victoria could be exposed to land tax under state government changes.

Victoria starts handing out hefty bills in land tax ‘grab’

More than 400,000 people who run a small business or Airbnb from their home have been hit with hefty land tax bills under the government’s plans to rein in debt.