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New Vic tax adds to house costs
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English - February 25, 2022 21:00 - 4 minutes - 4.07 MBInvesting Business Society & Culture Places & Travel hotspotting propertyinvesting propertyinvestment firsthomebuyer smsfpropertyinvestment Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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What do governments do when they decide they need to raise a bit of revenue? They introduce a new tax.
And if it’s a Government in Australia we all know what that means – another property tax.
It’s the Victorian Government this time, which has introduced yet another new tax on the housing industry.
Another impost which just makes the cost of new housing even more expensive for the end use – which often means first-home buyers.