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Sydney Homes keep the useless

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Old Jul 7th 2003, 12:35 pm
  #1  
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Default Sydney Homes keep the useless

Goverment workers bleed the good peple of NSW , the balance of doers to takers is keeping taxes up.


Taxes send home prices soaring

By John Garnaut with AAP
July 8 2003


Spiralling local, state and federal government taxes are destroying home ownership aspirations, adding about $130,000 to the price of the average new home in Sydney, according to a report.

The report, to be released today by the Housing Industry Association (HIA), says that taxes on new house and land packages, including GST, stamp duty, approval processing fees, local government contributions and State Government levies to fund infrastructure in newly developed areas, have quadrupled over the last 10 years.

The $130,000 they are adding to the median house price will blow out to $150,000 if some current council and state funding proposals become normal practice, the association says.



http://www.smh.com.au/articles/2003/...430139774.html

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Old Jul 7th 2003, 12:49 pm
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The Tooth Fairy
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Last time I added up all the taxes in the things I bought it came out as 110%.
 
Old Jul 7th 2003, 1:12 pm
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Originally posted by The Tooth Fairy
Last time I added up all the taxes in the things I bought it came out as 110%.

You jammy bugger I wish i could keep that many leeches.



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