Annual tax could be paid for almost 20 years before it equalled the value of a stamp duty payment in parts of western Sydney, calculator suggests
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First home buyers could save tens of thousands of dollars under the New South Wales government’s proposal for an optional land tax but housing experts say the “vanilla” plan falls well short of the “revolution” it had initially promised.
On Monday the government said it would introduce its plans for an overhaul of stamp duty into the state’s parliament this week.
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