Tag: Property
Ask Kevin Young Episode 107 - Can You Explain Land Tax?
G’day In this week’s episode I’m going to explain how land tax works. Land tax is a state tax calculated on the land value of the property you own. Currently in QLD you pay land tax once your land value goes over the $600,000 threshold. So what’s the benefit of land tax? Well for you there’s not…
The Great Hockey Puck destined to kill an industry!
Joe Hockey has just taken one mighty swing with a deadly punt that is likely to wipe out thousands of jobs in the building industry. The latest announcement by Australian Prudential Regulation Authority (APRA) to limit investor finance in an effort to cool the housing industry is so far off the mark…