New stamp duty and taxes on foreign buyers

Since 21 June 2016, foreign buyers of NSW residential property have been levied with a 4% stamp duty surcharge.  The surcharge is in addition to the duty payable on the purchase of residential property. The surcharge almost doubles the normal duty payable. Foreign...Read More

Nuisance duties finally abolished in NSW

Long after other states had abolished them, NSW had continued to impose the so-called ‘nuisance duties’ . Nuisance duties included mortgage duty, stamp duty on the sale of a business and stamp duty on the transfer of shares in NSW private companies and...Read More