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brief 21st June 2022

Scrap stamp duty, replace with a land tax – what are the impacts?

The NSW State Government has announced that, as part of the upcoming 2022 State Budget, they will give first home buyers the choice of either paying stamp duty on their newly purchased property or paying an ongoing ‘annual property tax payment of $400 plus 0.3 per cent of the land value of the property. It will be available on homes valued at less than $1.5 million.’ The intention is to reduce upfront costs and thereby make housing more affordable for first home buyers.

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brief 8th June 2022

What is the role of the RBA in relation to housing?

Against the backdrop of the first back-to-back rise in interest rates for 12 years, and further rate rises forecast for the remainder of 2022, this AHURI Brief explains the role of Reserve Bank of Australia (RBA) – the independent central bank with responsibility monetary policy in Australia.

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brief 18th May 2022

Understanding downsizing

With government policies and election promises seeking to promote downsizing amongst older Australians, it is important to understand just what it entails. Downsizing is the process by which a household moves from one dwelling to another that may be either smaller in size or of lower value, or both. The concept of downsizing is usually applied to older Australians when they move prior to or during their retirement.

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