𝙻𝚘𝚗𝚐𝙼𝚊𝚌𝚃𝚘𝚙𝚙𝚎𝚍𝚄𝚙 to Australian Politics · 2 months agoStamp duty 'a bad tax' that distorts the market, housing minister says, welcoming shift to land taxwww.abc.net.auexternal-linkmessage-square8fedilinkarrow-up126arrow-down10
arrow-up126arrow-down1external-linkStamp duty 'a bad tax' that distorts the market, housing minister says, welcoming shift to land taxwww.abc.net.au𝙻𝚘𝚗𝚐𝙼𝚊𝚌𝚃𝚘𝚙𝚙𝚎𝚍𝚄𝚙 to Australian Politics · 2 months agomessage-square8fedilink
minus-squareNathAlinkfedilinkarrow-up4·2 months agoHaven’t most of the states privatised (or commercialised) their Land Registries/Stamp Duty processes? How could this work if they have 50-year contracts with private businesses who are taking the proceeds of Stamp Duty transactions?
minus-squareGorgritch_Umie_Killalinkfedilinkarrow-up2·2 months agoSimple, apply the toll roads business model… /s
minus-squareNo1linkfedilinkarrow-up2·edit-22 months agoPayout massive penalties to mates to settle the breach of contract. Sell off new contract with guaranteed profits to mates to stick it to the plebs again.
Haven’t most of the states privatised (or commercialised) their Land Registries/Stamp Duty processes? How could this work if they have 50-year contracts with private businesses who are taking the proceeds of Stamp Duty transactions?
Simple, apply the toll roads business model… /s
Payout massive penalties to mates to settle the breach of contract.
Sell off new contract with guaranteed profits to mates to stick it to the plebs again.