From July 2008 1.20 1, buyers of new houses and new homesteads need to pay goods and services tax (GST) directly to the Australian Taxation Bureau (ATO). However, as a property buyer, the total purchase price of the property remains unchanged, so there is not much impact.
Since last July 1, the Australian government has allowed the elderly aged 65 and over in Australia to take out 300,000 yuan from the money they sold their houses as their pension. In order to meet the requirements, the elderly must live there for at least 10 years and take this as their main residence.
3. From July 1, the proportion of extra stamp duty paid by overseas buyers in Queensland increased from 3% to 7%. This tax applies to foreign individuals, companies and trust funds.
Secondly, Queensland's subsidy for first-time home buyers to buy new houses dropped from A $20,000 to A $65,438+A $5,000 in August. Previously, apart from the Northern Territory in Australia, Queensland's first home purchase subsidy was the highest in the country.
4. Real estate transactions in New South Wales have been replaced by paper transactions and manual transactions. The real estate commission said that from now on, all independent transfers and explanations must be submitted electronically.
5. The preferential stamp duty measures for new houses in South Australia ended on June 30th, 20 18. According to the policy of the South Australian government, during the period from 20 12 to 20 14, the new house with a value of less than 500,000 Australian dollars will be given a stamp duty reduction policy of 100%. Starting from 20 14, the policy became partial relief. However, since July 1, there is no stamp duty reduction or exemption.
6. As one of the most popular states for overseas immigrants and investors, the Victorian government has not introduced any new real estate policies for the time being this year. However, as the fastest growing city in Australia, Melbourne's population has reached 4.9 million as of June 2065438+2007, up by 125400 (2.7%) year-on-year. It is expected that Melbourne will soon surpass Sydney and become the largest city in Australia.
According to the Australian Urban Development Agency (UDIA), Victoria will face a shortage of more than 50,000 new houses by 2020. If the housing supply in Victoria can't keep up with the population growth and the house prices keep rising, the Victorian government may continue to introduce new housing purchase policies to stabilize the real estate market, so buy it and cherish it.