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Stamp duty reform overdue
- November 15, 2012
- Posted by: admin
- Category: Enconomy, Finance News, Financial goals, Stamp Duty
No CommentsState and territory governments must reform stamp duty if housing affordability is to be addressed. Stamp duty has long been identified as the most inefficient of all state taxes. Stamp duty represents additional costs to property transactions, thereby discouraging housing turnover and distorting choices between renting and buying and between moving house and renovating. Each
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Majors slam proposed govt reforms
- March 8, 2011
- Posted by: admin
- Category: Enconomy, Government banking reform, Interest rate
Westpac’s chief executive Gail Kelly has slammed the government’s proposed ban on exit fees as “poor public policy”. In an interview with The Australian, Ms Kelly said the abolition of exit fees would only make it harder for smaller lenders to compete. Ms Kelly said that while the fee was not “a big matter for us