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Lawyers and accountants attack NSW stamp duty reforms

MacroBusiness Access Subscriber Only Content at 11:00 am on April 20, 2021 | 8 comments The New South Wales Government last year announced gutsy reforms to the state’s tax system, which will offer owner-occupiers an alternative to paying stamp duty via a fixed $500 up-front fee plus an annual 0.3% tax on the property’s unimproved land value. Under the proposed reforms, the average buyer of a Sydney house would be given the choice to either pay a $51,000 lump sum (the current stamp duty requirement) or about $2,000 per year. But once the property is subject to the annual tax, all future owners of that property would also be required to continue paying it.

New zealandSusan franksDominic perrottetKing wood mallesonsVictoria universitySouth wales treasurer dominic perrottetAustralian treasuryNew south wales governmentWood mallesonsAccountants australiaபுதியது ஜீலாந்துசூசன் பிராங்குகள்கிங் மரம் மல்லேசோன்ஸ்விக்டோரியா பல்கலைக்கழகம்ஆஸ்திரேலிய கருவூலம்புதியது தெற்கு வேல்ஸ் அரசு

SBS Language | Australian states consider plans for return of international students in 2021

Share on Twitter The New South Wales Government is planning to establish an alternative quarantine program for international students to facilitate their return in late 2021, in its latest response to the state’s tumbling revenue of its vital $14.6 billion-worth overseas education industry. Revealing the details of the proposal, a spokesperson for NSW Treasurer Dominic Perrottet, said that the state is developing a plan to revive the international student and education sector within the context of the current quarantine system. “Any approved plan will incorporate all the existing police and health protections to ensure the safety of the community and students,” the spokesperson told SBS Punjabi.

New south walesOliver streweShivam pahwaDominic perrottetDiego fedeleAlan tudgeSydney universityNational cabinetBrighton institute of technologyCoronavirus health information hotlineAustralian bureau of statisticsNew south wales governmentAustralian bureauBrighton instituteFederal education minister alan tudgeMinister tudge

$80bn unforeseen economic crisis set to hit

$80bn unforeseen economic crisis set to hit If you thought the Suez blockage was bad for world trade, you ain’t seen nothing yet. A new shortage is looming and Australia is underprepared. Business by Benedict Brook 17th Apr 2021 11:09 AM The blockage of the Suez Canal by the container ship Ever Given is estimated to have cost the global economy some $13 billion. The Egyptian Government wants a billion dollars from the ship s owners just for the trouble it caused. This time the item threatening financial upheaval is as small as its impact is large and could make the Suez blockage will be a mere drop in the ocean, or rather, canal.

United statesNew south walesSuez canalAs suwaysUnited kingdomJames rabeauHamza mudassirCambridge universitySydney university nano instituteAutoforecast solutionsTaiwan semiconductor manufacturing companyEver givenEgyptian governmentSydney universitySydney nano instituteSouth korea

Residents of a tiny Australian island are calling for a return to self-rule to save their culture

Residents of a tiny Australian island are calling for a return to self-rule to save their culture
sbs.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sbs.com.au Daily Mail and Mail on Sunday newspapers.

New south walesUnited kingdomNorfolk islandAustralian capital territoryLeah honeywoodMarlene nobbsShane mccoyOmar dehenQueen victoriaNola marinoCatherine mccoyCherrise clarkeCaledonia norfolkRon wardEric hutchinsonNorfolk island regional council

$80bn unforeseen economic crisis set to hit

$80bn unforeseen economic crisis set to hit
gattonstar.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gattonstar.com.au Daily Mail and Mail on Sunday newspapers.

United statesNew south walesSuez canalAs suwaysUnited kingdomJames rabeauHamza mudassirCambridge universitySydney university nano instituteAutoforecast solutionsTaiwan semiconductor manufacturing companyEver givenEgyptian governmentSydney universitySydney nano instituteSouth korea